BMO Capital Markets Reiterates Buy Rating for Paramount Resources (PRMRF)

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BMO Capital Markets reiterated their buy rating on shares of Paramount Resources (OTCMKTS:PRMRF) in a research note released on Friday morning.

PRMRF stock traded down $0.74 during mid-day trading on Friday, reaching $6.56. 4,410 shares of the stock traded hands, compared to its average volume of 5,960. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.18 and a current ratio of 1.18. Paramount Resources has a 52 week low of $6.23 and a 52 week high of $19.55.

Paramount Resources (OTCMKTS:PRMRF) last released its quarterly earnings results on Wednesday, August 8th. The company reported ($0.78) earnings per share (EPS) for the quarter. Paramount Resources had a negative net margin of 10.87% and a negative return on equity of 10.56%. The firm had revenue of $168.43 million for the quarter.

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 located in Alberta and British Columbia. The company also invests in public and private corporations. Paramount Resources Ltd.

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