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Yangarra Resources (TSE:YGR) Share Price Passes Above Fifty Day Moving Average - Here's What Happened

Yangarra Resources logo with Energy background

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$1.03 and traded as high as C$1.05. Yangarra Resources shares last traded at C$1.03, with a volume of 43,670 shares changing hands.

Yangarra Resources Trading Up 4.0 %

The business has a 50 day moving average of C$1.03 and a 200-day moving average of C$1.04. The stock has a market cap of C$102.68 million, a PE ratio of 2.48 and a beta of 2.19. The company has a current ratio of 2.01, a quick ratio of 0.91 and a debt-to-equity ratio of 21.37.

Insider Buying and Selling at Yangarra Resources

In other Yangarra Resources news, Director Gordon Bowerman bought 25,000 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The stock was purchased at an average cost of C$1.02 per share, for a total transaction of C$25,500.00. In the last ninety days, 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

(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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