Paramount Resources Ltd. (OTCMKTS:PRMRF - Get Free Report) declared a dividend on Thursday, October 3rd, investing.com reports. Shareholders of record on Wednesday, October 16th will be given a dividend of 0.111 per share on Thursday, October 31st. This represents a yield of 6.63%. The ex-dividend date of this dividend is Tuesday, October 15th.
Paramount Resources Trading Up 2.8 %
OTCMKTS:PRMRF traded up $0.57 during trading hours on Thursday, reaching $20.68. 90,268 shares of the company were exchanged, compared to its average volume of 35,588. Paramount Resources has a twelve month low of $18.00 and a twelve month high of $24.95. The firm has a market cap of $3.04 billion, a PE ratio of 11.83 and a beta of 2.55. The stock's 50-day moving average is $19.94 and its 200-day moving average is $21.52.
Paramount Resources (OTCMKTS:PRMRF - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.42 earnings per share (EPS) for the quarter. Paramount Resources had a net margin of 19.56% and a return on equity of 9.90%. The firm had revenue of $324.22 million during the quarter.
About Paramount Resources
(
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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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