Paramount Resources Ltd. (OTCMKTS:PRMRF - Get Free Report) declared a dividend on Saturday, April 6th, investing.com reports. Investors of record on Monday, April 15th will be paid a dividend of 0.0924 per share on Tuesday, April 30th. This represents a dividend yield of 5.28%. The ex-dividend date is Friday, April 12th. This is a positive change from Paramount Resources's previous dividend of $0.09.
Paramount Resources Stock Performance
OTCMKTS:PRMRF remained flat at $21.00 during trading hours on Friday. The company's stock had a trading volume of 52,042 shares, compared to its average volume of 30,919. Paramount Resources has a 52-week low of $18.19 and a 52-week high of $25.10. The company's fifty day simple moving average is $20.26 and its 200 day simple moving average is $20.73. The stock has a market capitalization of $3.06 billion, a PE ratio of 8.97 and a beta of 2.66.
Paramount Resources (OTCMKTS:PRMRF - Get Free Report) last released its quarterly earnings results on Wednesday, March 6th. The company reported $0.55 earnings per share for the quarter. Paramount Resources had a return on equity of 10.96% and a net margin of 25.95%. The firm had revenue of $345.63 million during the quarter.
About Paramount Resources
(
Get Free Report)
Paramount Resources Ltd. explores for and develops conventional and unconventional petroleum and natural gas reserves and resources in Canada. The company holds interests in the Karr and Wapiti Montney properties covering an area of 109,000 net acres located south of the city of Grande Prairie, Alberta; Kaybob North Duvernay development and natural gas producing properties covering an area of 124,000 net acres located in west-central Alberta; and Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia covering an area of 249,000 net acres.
Read More
Before you consider Paramount Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Paramount Resources wasn't on the list.
While Paramount Resources currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.
Get This Free Report
