Yangarra Resources (TSE:YGR) PT Lowered to C$1.25 at National Bankshares

Yangarra Resources (TSE:YGR - Get Free Report) had its price target reduced by National Bankshares from C$1.50 to C$1.25 in a research note issued on Friday, BayStreet.CA reports. National Bankshares' target price suggests a potential upside of 23.76% from the stock's current price.

Yangarra Resources Trading Down 1.0 %

Shares of YGR traded down C$0.01 during midday trading on Friday, hitting C$1.01. 51,800 shares of the stock were exchanged, compared to its average volume of 75,689. The company has a debt-to-equity ratio of 21.37, a quick ratio of 0.91 and a current ratio of 2.01. The firm has a market cap of C$99.72 million, a P/E ratio of 2.40 and a beta of 2.21. Yangarra Resources has a 52-week low of C$0.97 and a 52-week high of C$1.86. The stock has a fifty day simple moving average of C$1.07 and a 200 day simple moving average of C$1.11.

Yangarra Resources (TSE:YGR - Get Free Report) last announced its earnings results on Tuesday, July 30th. The oil and gas exploration company reported C$0.09 earnings per share for the quarter, hitting the consensus estimate 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 net margin of 29.17% and a return on equity of 7.90%. On average, research analysts anticipate that Yangarra Resources will post 0.504717 EPS for the current fiscal year.

Yangarra Resources Company Profile

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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