Shares of Yangarra Resources Ltd. (TSE:YGR - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.01 and traded as high as C$1.12. Yangarra Resources shares last traded at C$1.08, with a volume of 35,250 shares.
Wall Street Analysts Forecast Growth
Separately, National Bankshares reduced their target price on Yangarra Resources from C$1.50 to C$1.25 in a report on Friday, September 27th.
View Our Latest Analysis on YGR
Yangarra Resources Stock Performance
The firm has a fifty day moving average of C$1.01 and a 200 day moving average of C$1.04. The stock has a market cap of C$106.63 million, a price-to-earnings ratio of 2.57 and a beta of 2.19. The company has a debt-to-equity ratio of 21.37, a current ratio of 2.01 and a quick ratio of 0.91.
Yangarra Resources (TSE:YGR - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 EPS for the quarter, missing the consensus estimate of C$0.08 by C($0.04). The firm had revenue of C$26.26 million for the quarter, compared to analysts' expectations of C$33.20 million. Yangarra Resources had a net margin of 29.17% and a return on equity of 7.90%. As a group, sell-side analysts forecast that Yangarra Resources Ltd. will post 0.490566 EPS for the current year.
Insider Activity at Yangarra Resources
In other Yangarra Resources news, Director Gordon Bowerman purchased 25,000 shares of the company's stock in a transaction on Wednesday, November 27th. The stock was acquired at an average price of C$1.02 per share, for a total transaction of C$25,500.00. In the last quarter, insiders purchased 41,688 shares of company stock worth $41,765. Insiders own 12.08% of the company's stock.
About Yangarra Resources
(
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.
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