Closing Bell: Paramount Resources Ltd up on Thursday (POU)

Today, Paramount Resources Ltd shares opened at $31.06 and closed at $31.48. prices ranged from a low of $30.63 to a high of $31.66.

Share prices advanced 1.84% from the previous day's close of $30.91.

Today across North America, the TSX Composite closed 0.87% at 22544.13, the S&P 500 closed 1.02% at 5633.91, the Dow Jones Industrial Average closed 1.09% at 39721.36 and the Nasdaq Composite closed 1.18% at 18647.45.

Paramount Resources Ltd traded under POU on the Toronto Stock Exchange (TSX).

A total of 146,893 shares was traded during the last trading day, with total trades of 977, with an average volume of 198,196 over the last 5 days.

Trading across the entire TSX saw 4,281 price advancers against 982 declines and 87 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 boosted 8.63 percent, while this year, they have raised 21.40%.

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 $4.52 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 has an average recommendation of "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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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..