CIBC Reiterates “Hold” Rating for Paramount Resources (PRMRF)

Paramount Resources (OTCMKTS:PRMRF)‘s stock had its “hold” rating reissued by research analysts at CIBC in a research report issued on Monday.

Several other research analysts have also recently commented on the company. Royal Bank of Canada reissued a “hold” rating on shares of Paramount Resources in a research report on Monday. TD Securities reissued a “hold” rating on shares of Paramount Resources in a research report on Friday, November 9th. Finally, BMO Capital Markets reissued a “buy” rating on shares of Paramount Resources in a research report on Friday, November 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.

PRMRF stock opened at $5.74 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.18 and a current ratio of 1.18. Paramount Resources has a fifty-two week low of $5.74 and a fifty-two week high of $19.02.

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.

See Also: Balanced Fund

Analyst Recommendations for Paramount Resources (OTCMKTS:PRMRF)

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