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

Paramount Resources Ltd opened trading today at $30.94 and closed at $30.11. Intraday prices ranged from $29.96 to $30.96.

Share prices decreased -3.15% from the previous day's close of $31.09.

During the day across North America, the TSX Composite closed -0.16% at 22690.39, the S&P 500 closed -0.78% at 5544.59, the Dow Jones Industrial Average closed -1.29% at 40665.02 and the Nasdaq Composite closed -0.70% at 17871.22.

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

A total of 229,948 shares was traded during the session, with total trades of 1,209, while having an average volume of 185,374 in the last five days.

The TSX market on the whole today saw 1,821 price advancers against 3,352 declines and 121 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 advanced 1.93 percent in the last year, while they have boosted 16.12% 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 $4.54 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..