Paramount Resources (OTCMKTS:PRMRF) Earns Hold Rating from Scotiabank
A number of other brokerages also recently issued reports on PRMRF. TD Securities restated a hold rating on shares of Paramount Resources in a report on Friday, November 9th. BMO Capital Markets restated a buy rating on shares of Paramount Resources in a report on Friday, November 9th. CIBC restated a hold rating on shares of Paramount Resources in a report on Monday, November 12th. Finally, Royal Bank of Canada restated a hold rating on shares of Paramount Resources in a report on Monday, November 12th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The company has an average rating of Hold.
Shares of PRMRF traded up $0.15 during trading hours on Tuesday, hitting $5.29. The company had a trading volume of 6,100 shares, compared to its average volume of 9,339. Paramount Resources has a 52-week low of $5.10 and a 52-week high of $16.23. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.34.
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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