Shares of Yangarra Resources Ltd. (TSE:YGR - Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as C$0.91 and last traded at C$0.92, with a volume of 98326 shares traded. The stock had previously closed at C$0.94.
Analysts Set New Price Targets
Separately, National Bankshares dropped their target price on Yangarra Resources from C$1.50 to C$1.25 in a report on Friday, September 27th.
Get Our Latest Stock Analysis on YGR
Yangarra Resources Price Performance
The company has a quick ratio of 0.91, a current ratio of 2.01 and a debt-to-equity ratio of 21.37. The company's fifty day moving average price is C$1.01 and its 200 day moving average price is C$1.05. The company has a market capitalization of C$92.81 million, a P/E ratio of 2.24 and a beta of 2.19.
Yangarra Resources (TSE:YGR - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 EPS for the quarter, missing analysts' consensus estimates of C$0.08 by C($0.04). The company had revenue of C$26.26 million for the quarter, compared to the consensus estimate of C$33.20 million. Yangarra Resources had a return on equity of 7.90% and a net margin of 29.17%. As a group, sell-side analysts forecast that Yangarra Resources Ltd. will post 0.490566 EPS for the current year.
Insider Buying and Selling
In other news, Director Gordon Bowerman purchased 25,000 shares of Yangarra Resources stock in a transaction that occurred on Wednesday, November 27th. The shares were acquired at an average price of C$1.02 per share, for a total transaction of C$25,500.00. Over the last quarter, insiders have purchased 41,688 shares of company stock worth $41,765. Company insiders own 12.08% of the company's stock.
Yangarra Resources Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Yangarra Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yangarra Resources wasn't on the list.
While Yangarra Resources currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Keep reading to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
