Cibc World Mkts upgraded shares of Paramount Resources (OTCMKTS:PRMRF – Free Report) from a hold rating to a strong-buy rating in a research report sent to investors on Thursday morning, Zacks.com reports.
Get Paramount Resources alerts:Paramount Resources (OTCMKTS:PRMRF – Get Free Report) last posted its quarterly earnings results on Thursday, August 1st.
As a group, equities analysts predict that Paramount Resources will post 1.8 earnings per share for the current fiscal year.
Paramount Resources Cuts DividendAbout Paramount ResourcesThe firm also recently declared a dividend, which will be paid on Thursday, October 31st.
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Paramount Resources (OTCMKTS:PRMRF) Raised to Strong-Buy at Cibc World Mkts