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

Paramount Resources Ltd opened trading today at $30.10 and closed at $30.35. prices ranged from $29.77 to $30.49.

Share prices boosted 0.80% from the previous day's close of $30.11.

Today across North America, the TSX Composite closed 0.80% at 22872.65, the S&P 500 closed -0.71% at 5505.00, the Dow Jones Industrial Average closed -0.93% at 40287.53 and the Nasdaq Composite closed -0.81% at 17726.94.

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

Trading volume was 253,877 on 1,371 total trades, while having an average volume of 203,373 in the last five days.

Trading across the entire TSX saw 3,734 price advancers against 1,480 declines and 101 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 boosted 3.90 percent in the last year, while they have boosted 17.05% since the start of 2024.

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 $4.40 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. Currently, there are 5 buy ratings and 3 hold ratings for the stock.

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..