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

Paramount Resources Ltd opened trading today at $31.93 and closed at $31.23. It traded at a low of $31.01 to a high of $31.98.

Shares dipped -2.13% from the previous day's close of $31.91.

Today across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

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

A total of 239,503 shares was traded during the last trading day, with total trades of 1,469, with an average volume of 160,465 over the last 5 days.

The TSX market on the whole today saw 2,100 price advancers against 3,108 declines and 117 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 advanced 9.69%, while they have boosted 20.44% this year.

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 $4.66 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..