Yangarra Resources (TSE:YGR) Stock Crosses Above 50 Day Moving Average of $1.07

Yangarra Resources Ltd. (TSE:YGR - Get Free Report) shares passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$1.07 and traded as high as C$1.08. Yangarra Resources shares last traded at C$1.06, with a volume of 7,918 shares trading hands.

Yangarra Resources Stock Down 3.8 %

The company has a current ratio of 2.01, a quick ratio of 0.91 and a debt-to-equity ratio of 21.37. The firm's 50 day moving average price is C$1.07 and its two-hundred day moving average price is C$1.11. The company has a market capitalization of C$100.70 million, a price-to-earnings ratio of 2.43 and a beta of 2.21.

Yangarra Resources (TSE:YGR - Get Free Report) last announced its quarterly earnings results on Tuesday, July 30th. The oil and gas exploration company reported C$0.09 earnings per share for the quarter, hitting analysts' consensus estimates of C$0.09. The firm had revenue of C$35.72 million for the quarter, compared to the consensus estimate of C$36.50 million. Yangarra Resources had a return on equity of 7.90% and a net margin of 29.17%. Sell-side analysts anticipate that Yangarra Resources Ltd. will post 0.504717 earnings per share for the current fiscal year.

About Yangarra Resources

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.