Yangarra Resources Ltd. (TSE:YGR - Get Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$1.02 and traded as high as C$1.11. Yangarra Resources shares last traded at C$1.07, with a volume of 35,030 shares trading hands.
Analyst Ratings Changes
Separately, National Bankshares reduced their price objective on Yangarra Resources from C$1.50 to C$1.25 in a research note on Friday, September 27th.
Get Our Latest Analysis on Yangarra Resources
Yangarra Resources Price Performance
The company has a debt-to-equity ratio of 21.37, a current ratio of 2.01 and a quick ratio of 0.91. The stock has a market cap of C$104.65 million, a PE ratio of 2.52 and a beta of 2.19. The company has a 50-day simple moving average of C$1.02 and a 200-day simple moving average of C$1.05.
Yangarra Resources (TSE:YGR - Get Free Report) last released its earnings results on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 earnings per share for the quarter, missing the consensus estimate of C$0.08 by C($0.04). The business had revenue of C$26.26 million for the quarter, compared to analysts' expectations of C$33.20 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 0.490566 EPS for the current fiscal year.
Insider Buying and Selling at Yangarra Resources
In other news, Director Gordon Bowerman acquired 25,000 shares of the company's stock in a transaction dated Wednesday, November 27th. The shares were bought at an average price of C$1.02 per share, with a total value of C$25,500.00. Insiders acquired a total of 41,688 shares of company stock worth $41,765 in the last 90 days. 12.08% of the stock is owned by corporate insiders.
Yangarra Resources Company Profile
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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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