Paramount Resources Ltd (PRMRF) Given Average Rating of “Hold” by Analysts

Shares of Paramount Resources Ltd (OTCMKTS:PRMRF) have received an average recommendation of “Hold” from the nine research firms that are currently covering the firm, reports. Two equities research analysts have rated the stock with a sell recommendation and seven have given a hold recommendation to the company.

Separately, BMO Capital Markets reaffirmed a “hold” rating on shares of Paramount Resources in a report on Thursday, March 7th.

Paramount Resources stock traded up $0.01 on Friday, hitting $6.81. The company’s stock had a trading volume of 100 shares, compared to its average volume of 4,102. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.82 and a quick ratio of 0.82. Paramount Resources has a one year low of $4.25 and a one year high of $14.31.

Paramount Resources (OTCMKTS:PRMRF) last announced its quarterly earnings results on Thursday, March 7th. The company reported $0.54 earnings per share (EPS) for the quarter. The firm had revenue of $156.95 million for the quarter. Paramount Resources had a negative net margin of 43.26% and a negative return on equity of 7.81%.

Paramount Resources Company Profile

Paramount Resources Ltd., an independent energy company, explores for, develops, produces, and markets natural gas, crude oil, and natural gas liquids in Canada. Its principal properties are the Montney and Duvernay developments covering approximately 3.0 million net acres located in Alberta and British Columbia.

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Analyst Recommendations for Paramount Resources (OTCMKTS:PRMRF)

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