Paramount Resources (PRMRF) Receives Buy Rating from BMO Capital Markets

BMO Capital Markets reaffirmed their buy rating on shares of Paramount Resources (OTCMKTS:PRMRF) in a research note released on Friday.

Shares of OTCMKTS PRMRF traded down $0.74 during mid-day trading on Friday, reaching $6.56. The company had a trading volume of 4,410 shares, compared to its average volume of 5,960. Paramount Resources has a twelve month low of $6.23 and a twelve month high of $19.55. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.34.

Paramount Resources (OTCMKTS:PRMRF) last issued its quarterly earnings data on Wednesday, August 8th. The company reported ($0.78) earnings per share (EPS) for the quarter. The business had revenue of $168.43 million during the quarter. Paramount Resources had a negative return on equity of 10.56% and a negative net margin of 10.87%.

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 located in Alberta and British Columbia. The company also invests in public and private corporations. Paramount Resources Ltd.

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