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Yangarra Resources (TSE:YGR) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Yangarra Resources logo with Energy background

Yangarra Resources Ltd. (TSE:YGR - Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.02 and traded as low as C$0.89. Yangarra Resources shares last traded at C$0.92, with a volume of 9,505 shares traded.

Yangarra Resources Trading Down 2.2 %

The company has a debt-to-equity ratio of 20.78, a quick ratio of 0.91 and a current ratio of 1.67. The stock has a market capitalization of C$90.62 million, a P/E ratio of 2.61 and a beta of 2.19. The stock has a 50-day moving average price of C$0.98 and a two-hundred day moving average price of C$1.01.

Yangarra Resources Company Profile

(Get Free Report)

Yangarra Resources Ltd is a junior oil and gas company which is engaged in the exploration, development, and production of natural gas and oil with operations in Western Canada. The company has its operations in Central Alberta. It generates its revenue from the sale of crude oil and natural gas products.

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