Paramount Resources Ltd (PRMRF) Receives Average Recommendation of “Hold” from Analysts

Paramount Resources Ltd (OTCMKTS:PRMRF) has received an average rating of “Hold” from the seven analysts that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company.

PRMRF has been the topic of a number of recent analyst reports. 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 Wednesday, November 21st. Scotiabank restated a “hold” rating on shares of Paramount Resources in a report on Tuesday, November 13th. Finally, Royal Bank of Canada restated a “hold” rating on shares of Paramount Resources in a report on Monday, November 12th.

OTCMKTS PRMRF opened at $5.29 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.18 and a quick ratio of 1.18. Paramount Resources has a one year low of $5.10 and a one year high of $16.23.

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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Analyst Recommendations for Paramount Resources (OTCMKTS:PRMRF)

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