Shares of Paramount Resources Ltd (OTCMKTS:PRMRF) have been assigned a consensus recommendation of “Hold” from the nine brokerages that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company.
Separately, BMO Capital Markets reissued a “hold” rating on shares of Paramount Resources in a research note on Thursday, March 7th.
Shares of OTCMKTS:PRMRF traded up $0.01 during mid-day trading on Friday, reaching $6.81. The stock had a trading volume of 100 shares, compared to its average volume of 4,102. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.36. Paramount Resources has a twelve month low of $4.25 and a twelve month high of $14.31.
About Paramount Resources
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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