Paramount Resources Ltd. (TSE:POU) insider Rodrigo Sousa purchased 2,000 shares of the firm’s stock in a transaction dated Monday, December 11th. The stock was acquired at an average price of C$18.20 per share, with a total value of C$36,400.00.

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

  • On Thursday, December 7th, Rodrigo Sousa purchased 2,500 shares of Paramount Resources stock. The stock was acquired at an average price of C$18.34 per share, with a total value of C$45,850.00.

Paramount Resources Ltd. (TSE:POU) traded down C$0.07 during trading on Monday, reaching C$18.16. The company had a trading volume of 427,504 shares, compared to its average volume of 366,560. Paramount Resources Ltd. has a 12 month low of C$14.60 and a 12 month high of C$25.57.

POU has been the subject of several recent analyst reports. Raymond James Financial boosted their price target on Paramount Resources from C$26.00 to C$31.00 and gave the stock a “strong-buy” rating in a research note on Monday, September 18th. BMO Capital Markets reiterated a “market perform” rating and set a C$26.00 price objective on shares of Paramount Resources in a research report on Tuesday, October 10th. Barclays upped their price objective on Paramount Resources from C$21.00 to C$22.00 in a research report on Monday, October 30th. Royal Bank of Canada upped their price objective on Paramount Resources from C$22.00 to C$27.00 and gave the company a “sector perform” rating in a research report on Friday, November 10th. Finally, Scotiabank upped their price objective on Paramount Resources from C$26.00 to C$28.00 and gave the company a “sector perform” rating in a research report on Friday, November 10th. Six analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Paramount Resources currently has an average rating of “Hold” and an average price target of C$27.75.

COPYRIGHT VIOLATION WARNING: “Rodrigo Sousa Purchases 2,000 Shares of Paramount Resources Ltd. (POU) Stock” was published by American Banking News and is owned by of American Banking News. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright law. The correct version of this report can be read at https://www.americanbankingnews.com/2017/12/11/rodrigo-sousa-purchases-2000-shares-of-paramount-resources-ltd-pou-stock.html.

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)

Receive News & Ratings for Paramount Resources Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paramount Resources Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.