Paramount Resources is an oil & gas e&p business based in Canada. Paramount Resources shares (POU.TO) are listed on the Toronto stock Exchange (TSX) and all prices are listed in Canadian dollars. Its last market close was C$27.53 – an increase of 1.77% over the previous day. Paramount Resources employs 526 staff and has a trailing 12-month revenue of around C$2 billion.
How to buy shares in Paramount Resources
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- Open your account. Provide your personal information and sign up.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: POU in this case.
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Is it a good time to buy Paramount Resources stock?
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Share price volatility
Over the last 12 months, Paramount Resources's shares have ranged in value from as little as C$24.4724 up to C$33.1671. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Paramount Resources's is 3.316. This would suggest that Paramount Resources's shares are significantly more volatile than the average for this exchange and represent a higher risk.
|1 week (2024-02-13)
|1 month (2024-01-18)
|3 months (2023-11-16)
|6 months (2023-08-20)
|1 year (2023-02-20)
|2 years (2022-02-17)
|3 years (2021-02-18)
|5 years (2019-02-20)
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
Buy Paramount Resources Ltd. stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Note: The dollar amounts in the table below are in Canadian dollars.
Is Paramount Resources under- or over-valued?
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Paramount Resources P/E ratio, PEG ratio and EBITDA
Paramount Resources's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Paramount Resources stocks trade at around 6x recent earnings.
Paramount Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping C$1.1 billion.
The EBITDA is a measure of a Paramount Resources's overall financial performance and is widely used to measure a its profitability.
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