Paramount Resources Ltd (OTCMKTS:PRMRF) Receives Average Recommendation of “Hold” from Analysts

Paramount Resources Ltd (OTCMKTS:PRMRF) has been assigned an average rating of “Hold” from the nine research firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating and seven have given a hold rating to the company.

Separately, Credit Suisse Group set a $5.00 target price on Maxar Technologies and gave the stock a “sell” rating in a report on Monday, July 15th.

Shares of PRMRF remained flat at $$5.30 on Monday. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.51 and a quick ratio of 0.51. Paramount Resources has a one year low of $4.25 and a one year high of $12.11. The business’s 50-day simple moving average is $5.06.

Paramount Resources (OTCMKTS:PRMRF) last announced its earnings results on Wednesday, May 8th. The company reported ($0.44) EPS for the quarter. The business had revenue of $185.07 million during the quarter. Paramount Resources had a negative return on equity of 7.68% and a negative net margin of 44.10%.

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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