Paramount Resources Ltd (PRMRF) Given Consensus Recommendation of “Hold” by Analysts

Paramount Resources Ltd (OTCMKTS:PRMRF) has earned an average rating of “Hold” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company.

Several research firms have recently issued reports on PRMRF. Macquarie lowered shares of Paramount Resources from an “outperform” rating to a “neutral” rating in a report on Tuesday. TD Securities restated a “hold” 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 Monday, November 12th. BMO Capital Markets restated a “buy” rating on shares of Paramount Resources in a report on Friday, November 9th. Finally, Royal Bank of Canada restated a “hold” rating on shares of Paramount Resources in a report on Monday, November 12th.

Paramount Resources stock opened at $5.29 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.34. Paramount Resources has a 12-month low of $5.10 and a 12-month 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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