Paramount Resources, Ltd. (POU) Insider Rodrigo Sousa Purchases 600 Shares

Paramount Resources, Ltd. (TSE:POU) insider Rodrigo Sousa acquired 600 shares of Paramount Resources stock in a transaction that occurred on Wednesday, December 13th. The stock was acquired at an average cost of C$17.80 per share, with a total value of C$10,680.00.

Rodrigo Sousa also recently made the following trade(s):

  • On Monday, December 11th, Rodrigo Sousa acquired 2,000 shares of Paramount Resources stock. The stock was acquired at an average cost of C$18.20 per share, with a total value of C$36,400.00.
  • On Thursday, December 7th, Rodrigo Sousa acquired 2,500 shares of Paramount Resources stock. The stock was acquired at an average cost of C$18.34 per share, with a total value of C$45,850.00.

Paramount Resources, Ltd. (TSE POU) traded down C$0.29 during trading on Thursday, reaching C$17.82. 290,687 shares of the company’s stock were exchanged, compared to its average volume of 365,976. Paramount Resources, Ltd. has a 52-week low of C$14.60 and a 52-week high of C$25.57.

Several equities research analysts recently issued reports on the stock. Barclays lifted their price objective on shares of Paramount Resources from C$22.00 to C$26.00 in a research note on Monday, November 13th. CSFB lifted their price objective on shares of Paramount Resources from C$23.00 to C$26.50 in a research note on Monday, November 13th. Desjardins lifted their price objective on shares of Paramount Resources from C$24.00 to C$26.50 in a research note on Monday, November 13th. GMP Securities lifted their price objective on shares of Paramount Resources from C$25.50 to C$29.00 in a research note on Monday, November 13th. Finally, Laurentian lifted their price objective on shares of Paramount Resources from C$33.00 to C$35.00 in a research note on Monday, November 13th. Six equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Paramount Resources has an average rating of “Hold” and an average price target of C$27.75.

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Paramount Resources Company Profile

Paramount Resources Ltd. is an energy company. The Company explores and develops unconventional and conventional petroleum and natural gas prospects, including long-term unconventional exploration and pre-development projects, and holds a portfolio of investments in other entities. The Company’s segments include Principal Properties, Strategic Investments and Corporate.

Insider Buying and Selling by Quarter for Paramount Resources (TSE:POU)

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