Paramount Resources Ltd. (OTCMKTS:PRMRF – Get Free Report) announced a dividend on Monday, February 3rd,investing.com reports. Investors of record on Tuesday, February 11th will be paid a dividend of 2.0818 per share on Friday, February 14th. This represents a yield of 126.23%. The ex-dividend date is Monday, February 10th. This is an increase from Paramount Resources’s previous dividend of $0.10.
Paramount Resources Trading Up 3.2 %
OTCMKTS PRMRF opened at $20.75 on Wednesday. Paramount Resources has a 52 week low of $18.00 and a 52 week high of $24.84. The company has a market cap of $3.06 billion, a price-to-earnings ratio of 11.12 and a beta of 2.50. The business has a 50 day moving average price of $21.35 and a 200-day moving average price of $20.55. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.01.
Paramount Resources (OTCMKTS:PRMRF – Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.19). Paramount Resources had a net margin of 19.96% and a return on equity of 10.04%. The firm had revenue of $321.08 million during the quarter, compared to analysts’ expectations of $337.69 million. As a group, equities analysts expect that Paramount Resources will post 1.78 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Report on PRMRF
Paramount Resources Company Profile
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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