Yangarra Resources Ltd. (TSE:YGR - Get Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.01 and traded as high as C$1.13. Yangarra Resources shares last traded at C$1.10, with a volume of 24,836 shares.
Analysts Set New Price Targets
Separately, National Bankshares dropped 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 Report on Yangarra Resources
Yangarra Resources Stock Performance
The business has a 50 day simple moving average of C$1.01 and a 200-day simple moving average of C$1.05. The stock has a market capitalization of C$108.60 million, a price-to-earnings ratio of 2.62 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 posted its earnings results on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.08 by C($0.04). The business 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, equities analysts expect that Yangarra Resources Ltd. will post 0.490566 earnings per share for the current year.
Insider Buying and Selling at Yangarra Resources
In other news, Director Gordon Bowerman bought 25,000 shares of the firm's stock in a transaction that occurred on Wednesday, November 27th. The stock was acquired at an average cost of C$1.02 per share, with a total value of C$25,500.00. In the last quarter, insiders have bought 41,688 shares of company stock worth $41,765. Corporate insiders own 12.08% of the company's stock.
About Yangarra Resources
(
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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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