Paramount Resources News Today

Canadian stocks closed sharply lower on Thursday as fading hopes of a series of rate cuts by the Federal Reserve this year, and weak commodity prices rendered the mood bearish.

The Canadian market ended modestly higher on Monday, lifted by gains in technology, energy and materials shares. The mood remained cautious with investors awaiting the Federal Reserve's monetary policy announcement, and the data on U.

The Canadian market is down firmly in negative territory Monday afternoon with energy stocks reeling under sustained selling pressure on weak oil prices. A few stocks from healthcare and industrials sectors are also sharply lower.

Paramount Resources Ltd. (TSE:POU – Get Free Report) Senior Officer Garth W.J. Stotts sold 12,000 shares of the company’s stock in a transaction on Monday, May 27th. The shares were sold at an average price of C$32.10, for a total transaction of C$385,233.60. Paramount Resources Trading Down 1.6 % TSE:POU opened at C$32.09 on Thursday. […]

Paramount Resources Ltd. (TSE:POU – Get Free Report) has been given a consensus rating of “Moderate Buy” by the ten analysts that are presently covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month price target […]

Paramount Resources Ltd. (TSE:POU – Get Free Report) Senior Officer John B. Williams sold 2,532 shares of the firm’s stock in a transaction that occurred on Tuesday, May 14th. The shares were sold at an average price of C$31.83, for a total transaction of C$80,593.56. John B. Williams also recently made the following trade(s): On […]

Paramount Resources (TSE:POU – Free Report) had its price target increased by CIBC from C$35.00 to C$37.00 in a report published on Friday morning, BayStreet.CA reports. The brokerage currently has a neutral rating on the stock. Other equities research analysts have also issued research reports about the stock. BMO Capital Markets increased their price objective […]

Paramount Resources (TSE:POU – Free Report) had its target price increased by Royal Bank of Canada from C$34.00 to C$36.00 in a research note published on Friday, BayStreet.CA reports. Royal Bank of Canada currently has a sector perform rating on the stock. Several other brokerages have also recently commented on POU. BMO Capital Markets raised […]

Paramount Resources Ltd. (TSE:POU – Get Free Report) Senior Officer Mark Gordon Franko sold 8,000 shares of the company’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of C$32.20, for a total transaction of C$257,600.00. Paramount Resources Stock Up 1.1 % Shares of TSE POU traded up […]

Paramount Resources (TSE:POU – Free Report) had its target price boosted by Stifel Nicolaus from C$36.00 to C$37.00 in a report published on Friday morning, BayStreet.CA reports. The brokerage currently has a buy rating on the stock. A number of other analysts have also recently issued reports on POU. Cormark cut shares of Paramount Resources […]