Yangarra Resources Ltd. (TSE:YGR - Free Report) - Atb Cap Markets decreased their FY2024 earnings per share (EPS) estimates for shares of Yangarra Resources in a report released on Wednesday, October 30th. Atb Cap Markets analyst A. Arif now anticipates that the oil and gas exploration company will post earnings of $0.30 per share for the year, down from their prior forecast of $0.37. The consensus estimate for Yangarra Resources' current full-year earnings is $0.49 per share. Atb Cap Markets also issued estimates for Yangarra Resources' Q4 2024 earnings at $0.08 EPS, Q1 2025 earnings at $0.10 EPS, Q2 2025 earnings at $0.11 EPS, Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.12 EPS, FY2025 earnings at $0.43 EPS, FY2026 earnings at $0.40 EPS and FY2027 earnings at $0.34 EPS.
Yangarra Resources (TSE:YGR - Get Free Report) last announced its quarterly earnings results on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.08 by C($0.04). The firm had revenue of C$26.26 million during the quarter, compared to analysts' expectations of C$33.20 million. Yangarra Resources had a net margin of 29.17% and a return on equity of 7.90%.
Separately, National Bankshares dropped their target price on Yangarra Resources from C$1.50 to C$1.25 in a research report on Friday, September 27th.
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Yangarra Resources Stock Up 1.0 %
Shares of YGR traded up C$0.01 during mid-day trading on Friday, hitting C$1.03. The company's stock had a trading volume of 123,292 shares, compared to its average volume of 72,182. The firm has a market capitalization of C$101.69 million, a price-to-earnings ratio of 2.45 and a beta of 2.19. The company's 50-day moving average is C$1.05 and its 200-day moving average is C$1.09. The company has a current ratio of 2.01, a quick ratio of 0.91 and a debt-to-equity ratio of 21.37. Yangarra Resources has a 52-week low of C$0.97 and a 52-week high of C$1.77.
About Yangarra Resources
(
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Yangarra Resources Ltd., a junior oil and gas company, engages in the exploration, development, and production of oil and natural gas properties in Western Canada. The company focuses on the Cardium in Central Alberta. It also focuses on the Western Canadian Sedimentary basin. The company is headquartered in Calgary, Canada.
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