Paramount Resources Ltd. (TSE:POU - Get Free Report) Director Dirk Jungé bought 2,000 shares of Paramount Resources stock in a transaction dated Wednesday, April 9th. The stock was acquired at an average price of C$14.80 per share, for a total transaction of C$29,595.90.
Dirk Jungé also recently made the following trade(s):
- On Thursday, March 6th, Dirk Jungé acquired 3,000 shares of Paramount Resources stock. The shares were bought at an average price of C$15.63 per share, for a total transaction of C$46,876.32.
Paramount Resources Trading Down 6.1 %
Shares of TSE POU opened at C$15.44 on Friday. Paramount Resources Ltd. has a twelve month low of C$14.33 and a twelve month high of C$33.06. The firm has a market cap of C$2.30 billion, a PE ratio of 6.32, a price-to-earnings-growth ratio of 0.14 and a beta of 3.04. The business has a fifty day simple moving average of C$19.86 and a two-hundred day simple moving average of C$25.92. The company has a quick ratio of 0.68, a current ratio of 0.62 and a debt-to-equity ratio of 2.06.
Paramount Resources Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 30th will be paid a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.89%. The ex-dividend date of this dividend is Tuesday, April 15th. Paramount Resources's dividend payout ratio (DPR) is presently 73.70%.
Analyst Ratings Changes
Several research analysts have commented on POU shares. Royal Bank of Canada dropped their price objective on shares of Paramount Resources from C$34.00 to C$19.00 in a research note on Tuesday, February 18th. Raymond James set a C$20.00 target price on Paramount Resources and gave the company a "market perform" rating in a research report on Tuesday. National Bank Financial downgraded Paramount Resources from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 18th. BMO Capital Markets dropped their price objective on Paramount Resources from C$40.00 to C$25.00 in a report on Wednesday, February 19th. Finally, Scotiabank reduced their target price on Paramount Resources from C$46.00 to C$31.00 in a research note on Wednesday, February 19th. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Paramount Resources has an average rating of "Moderate Buy" and an average target price of C$26.88.
View Our Latest Report on Paramount Resources
About Paramount Resources
(
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Paramount Resources Ltd is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount's products are priced in a multitude of markets that span the United States and Canada.
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