Paramount Resources Ltd (PRMRF) Receives Average Recommendation of “Hold” from Analysts

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Paramount Resources Ltd (OTCMKTS:PRMRF) has been given an average recommendation of “Hold” by the nine analysts that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company.

Separately, BMO Capital Markets reissued a “hold” rating on shares of Paramount Resources in a report on Thursday, March 7th.

Shares of OTCMKTS:PRMRF opened at $6.45 on Friday. Paramount Resources has a 1-year low of $4.25 and a 1-year high of $14.31. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.36.

Paramount Resources (OTCMKTS:PRMRF) last issued its earnings results on Thursday, March 7th. The company reported $0.54 earnings per share for the quarter. The company had revenue of $156.95 million for the quarter. Paramount Resources had a negative net margin of 43.26% and a negative return on equity of 7.81%.

About Paramount Resources

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 the Montney and Duvernay developments covering approximately 3.0 million net acres located in Alberta and British Columbia.

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Analyst Recommendations for Paramount Resources (OTCMKTS:PRMRF)

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