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

Paramount Resources Ltd opened trading today at $26.72 and closed at $27.16. prices ranged from a low of $26.61 to a high of $27.33.

Share prices plummeted -0.15% from the previous day's close of $27.20.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 154,944 shares was traded during the session, with total trades of 1,119. On average, Paramount Resources Ltd has traded 300,016 shares in the last five days and 238,581 year-to-date.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 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, in the last 12 months, Paramount Resources Ltd's shares have shrunken -16.22 percent, while in 2024, they have boosted 4.74%.

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 $3.99 billion on a float of 146,700 shares outstanding. Its annual EPS is $2.36.

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

Paramount Resources Ltd's average recommendation is "Moderate Buy" based on 8.00 analysts according to Zacks. From those 8 analysts, 5 have buy ratings and 3 analysts gave hold ratings.

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