Closing Bell: Paramount Resources Ltd down on Monday (POU)

Paramount Resources Ltd opened trading today at $29.62 and closed at $29.15. prices ranged from $28.75 to $29.68.

Share prices dipped -1.82 percent from the previous day's close of $29.69.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

Paramount Resources Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker POU.

Trading volume was 352,488 on 1,230 total trades. On average, Paramount Resources Ltd has traded 196,850 shares in the last five days and 236,477 year-to-date.

The TSX overall saw 1,903 price advancers against 3,356 declines and 91 unchanged.

During the prior 52 weeks, POU.TO has traded as high as $33.80 (October 31,2023) and low as $24.59 (February 06,2024). Moreover, the shares have eased -5.72% in the last 12 months, while this year, they have advanced 12.42%.

It announced a 0.15 dividend on July 02/24, with an July 15/24 ex-date and July 31/24 pay day.

Following today's trading, Paramount Resources Ltd has a market capitalization of $4.34 billion on a float of 145,200 shares outstanding. Its annual EPS is $2.30.

Paramount Resources Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Currently, Paramount Resources Ltd's consensus rating is "Moderate Buy" based on 8 analysts according to Zacks. From those 8 analysts, 5 have buy ratings and 3 analysts gave hold ratings.

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This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..