Paramount Resources Ltd. (TSE:POU) insider Rodrigo Sousa purchased 2,500 shares of Paramount Resources stock in a transaction dated Thursday, December 7th. The shares were purchased at an average cost of C$18.34 per share, with a total value of C$45,850.00.

Paramount Resources Ltd. (POU) traded up C$0.03 during mid-day trading on Friday, reaching C$18.23. 430,400 shares of the company traded hands, compared to its average volume of 366,303. Paramount Resources Ltd. has a 1-year low of C$14.60 and a 1-year high of C$25.57.

POU has been the subject of several analyst reports. Barclays boosted their price target on shares of Paramount Resources from C$22.00 to C$26.00 in a report on Monday, November 13th. Scotiabank boosted their price target on shares of Paramount Resources from C$26.00 to C$28.00 and gave the company a “sector perform” rating in a report on Friday, November 10th. BMO Capital Markets reissued a “market perform” rating and set a C$26.00 price target on shares of Paramount Resources in a report on Tuesday, October 10th. Royal Bank Of Canada boosted their price target on shares of Paramount Resources from C$22.00 to C$27.00 and gave the company a “sector perform” rating in a report on Friday, November 10th. Finally, TD Securities boosted their price target on shares of Paramount Resources from C$23.00 to C$27.00 and gave the company a “hold” rating in a report on Friday, November 10th. Six investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus 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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