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Yangarra Resources (TSE:YGR) Shares Cross Above 50 Day Moving Average - Here's What Happened

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Yangarra Resources Ltd. (TSE:YGR - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.03 and traded as high as C$1.03. Yangarra Resources shares last traded at C$1.03, with a volume of 28,000 shares trading hands.

Yangarra Resources Price Performance

The stock has a 50-day moving average price of C$1.03 and a 200 day moving average price of C$1.03. The company has a debt-to-equity ratio of 20.78, a current ratio of 1.67 and a quick ratio of 0.91. The firm has a market cap of C$102.70 million, a price-to-earnings ratio of 2.95 and a beta of 2.19.

Yangarra Resources Company Profile

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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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