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

In today's trading, shares of Paramount Resources Ltd opened at $28.05 and closed at $27.20. prices ranged from a low of $26.36 to a high of $28.47.

Shares eased -4.43% from the previous day's close of $28.46.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 608,588 shares was traded during the last trading day, with total trades of 3,750. On average, Paramount Resources Ltd has traded 339,525 shares over the last 5-days and 239,139 year-to-date.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 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 shrunken -12.96 percent in the last year, while this year, they have gained 4.90%.

It announced a 0.15 dividend on August 01/24, with an August 15/24 ex-date and August 30/24 pay day.

Following today's trading, Paramount Resources Ltd has a market capitalization of $4.18 billion on a float of 146,700 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. Currently, there are 5 buy ratings and 3 hold ratings for the stock.

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