Paramount Resources Ltd. (OTCMKTS:PRMRF - Get Free Report) declared a dividend on Thursday, September 11th, investing.com reports. Stockholders of record on Tuesday, September 16th will be given a dividend of 0.0364 per share on Monday, September 29th. This represents a dividend yield of 295.0%. The ex-dividend date is Monday, September 15th. This is a 0.4% increase from Paramount Resources's previous dividend of $0.04.
Paramount Resources Stock Performance
Shares of OTCMKTS:PRMRF traded up $0.25 on Tuesday, hitting $14.92. 6,415 shares of the company's stock were exchanged, compared to its average volume of 53,268. The firm's 50-day moving average is $15.05 and its 200 day moving average is $13.78. The company has a market capitalization of $2.14 billion, a PE ratio of 2.13 and a beta of 1.40. Paramount Resources has a 1-year low of $9.89 and a 1-year high of $22.95.
Paramount Resources (OTCMKTS:PRMRF - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.10). Paramount Resources had a return on equity of 6.89% and a net margin of 111.48%.The business had revenue of $93.43 million for the quarter, compared to analyst estimates of $131.00 million. On average, analysts anticipate that Paramount Resources will post 1.74 EPS for the current fiscal year.
Paramount Resources Company Profile
(
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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.
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