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

Today during trading, shares of Paramount Resources Ltd opened at $27.00 and closed at $27.53. It traded at a low of $26.95 to a high of $27.54.

Shares advanced 1.77 percent from the previous day's close of $27.05.

Today across North America, the TSX Composite closed 0.16% at 21255.61, the S&P 500 closed -0.48% at 5005.57, the Dow Jones Industrial Average closed -0.37% at 38627.99 and the Nasdaq Composite closed -0.82% at 15775.65.

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

Trading volume was 224,077 on 989 total trades, while having an average volume of 185,950 in the last five days.

The TSX market on the whole today saw 1,896 price advancers against 3,331 declines and 172 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 dipped -10.93 percent in the last 52 weeks, while this year, they have advanced 6.17%.

It announced a 0.12 dividend on February 01/24, with an February 14/24 ex-date and February 29/24 pay day.

Following today's trading, Paramount Resources Ltd has a market capitalization of $3.96 billion on a float of 143,900 shares outstanding. Its annual EPS is $4.18.

Paramount Resources Ltd is a TSX Oil & Gas E&P company headquartered in Calgary, CAN.

Paramount Resources Ltd's average recommendation is "Moderate Buy" based on 8.00 analysts according to Zacks. Currently, there are 5 buy ratings and 3 hold ratings for the stock.

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