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

Automated Summaries - The Globe and Mail - Tue Jul 16, 4:01PM CDT

In market activity today, Paramount Resources Ltd opened at $31.80 and closed at $31.91. It traded at a low of $31.64 to a high of $32.02.

Share prices dipped -0.25 percent from the previous day's close of $31.99.

During the day across North America, the TSX Composite closed 0.34% at 22751.68, the S&P 500 closed 0.28% at 5631.22, the Dow Jones Industrial Average closed 0.53% at 40211.72 and the Nasdaq Composite closed 0.40% at 18472.57.

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

Trading volume was 123,055 on 712 total trades. On average, Paramount Resources Ltd has traded 145,184 shares in the last five days and 238,304 year-to-date.

Trading across the entire TSX saw 4,226 price advancers against 1,023 declines and 82 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 52 weeks, Paramount Resources Ltd's shares have boosted 10.15 percent, while in 2024, they have boosted 23.06%.

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 $4.67 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.

Paramount Resources Ltd is holding an average recommendation of "Moderate Buy" from 8.00 analysts according to Zacks. From those 8 analysts, 5 have buy ratings and 3 analysts gave hold ratings.

AI at The Globe and Mail
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..