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

In today's trading, shares of Paramount Resources Ltd opened at $28.99 and closed at $28.89. Intraday prices ranged from a low of $28.61 to a high of $29.33.

Share prices decreased -0.89 percent from the previous day's close of $29.15.

Today across North America, the TSX Composite closed 0.20% at 22824.67, the S&P 500 closed 0.08% at 5463.54, the Dow Jones Industrial Average closed -0.12% at 40539.93 and the Nasdaq Composite closed 0.07% at 17370.20.

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

A total of 159,579 shares was traded during the last trading day, with total trades of 974, with an average volume of 189,056 over the last 5 days.

The TSX overall saw 2,584 price advancers against 2,644 declines and 86 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 eased -6.57%, while they have advanced 11.42% year-to-date.

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 $4.26 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.

Based on 8.00 analysts, Paramount Resources Ltd gets an average recommendation of "Moderate Buy" 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..