Paramount Resources, Ltd. (TSE:POU) insider Rodrigo Sousa acquired 7,600 shares of Paramount Resources stock in a transaction that occurred on Wednesday, February 7th. The stock was bought at an average price of C$16.85 per share, with a total value of C$128,060.00.

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

  • On Wednesday, December 13th, Rodrigo Sousa bought 600 shares of Paramount Resources stock. The shares were acquired at an average price of C$17.80 per share, with a total value of C$10,680.00.
  • On Monday, December 11th, Rodrigo Sousa bought 2,000 shares of Paramount Resources stock. The shares were acquired at an average price of C$18.20 per share, with a total value of C$36,400.00.
  • On Thursday, December 7th, Rodrigo Sousa bought 2,500 shares of Paramount Resources stock. The shares were acquired at an average price of C$18.34 per share, with a total value of C$45,850.00.

Paramount Resources, Ltd. (POU) traded down C$0.53 during trading on Thursday, reaching C$15.85. 255,520 shares of the company were exchanged, compared to its average volume of 385,253. Paramount Resources, Ltd. has a 52-week low of C$14.60 and a 52-week high of C$25.57. The stock has a market capitalization of $2,210.00, a P/E ratio of 3.58 and a beta of 2.07.

Paramount Resources (TSE:POU) last released its earnings results on Thursday, November 9th. The company reported C$0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.47) by C$1.07. Paramount Resources had a net margin of 65.60% and a return on equity of 10.79%. The firm had revenue of C$116.54 million during the quarter, compared to the consensus estimate of C$116.00 million.

A number of equities analysts have issued reports on POU shares. Barclays lifted their target price on shares of Paramount Resources from C$22.00 to C$26.00 in a research report on Monday, November 13th. CSFB boosted their price objective on shares of Paramount Resources from C$23.00 to C$26.50 in a research report on Monday, November 13th. Scotiabank boosted their price objective on shares of 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. Laurentian boosted their price objective on shares of Paramount Resources from C$33.00 to C$35.00 in a research report on Monday, November 13th. Finally, Royal Bank of Canada boosted their price objective on shares of 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. Five research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$28.04.

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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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