Paramount Resources (PRMRF) Lowered to “Sell” at ValuEngine

Paramount Resources (OTCMKTS:PRMRF) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Friday.

Paramount Resources (OTCMKTS PRMRF) remained flat at $$16.13 on Friday. 40 shares of the stock were exchanged, compared to its average volume of 3,404. The company has a market cap of $2,176.36, a PE ratio of 7.79 and a beta of 2.63. Paramount Resources has a 1-year low of $10.95 and a 1-year high of $20.57.

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About Paramount Resources

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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