Yangarra Resources Ltd. (TSE:YGR - Free Report) - Stock analysts at Atb Cap Markets decreased their FY2024 earnings per share estimates for Yangarra Resources in a report released on Wednesday, May 1st. Atb Cap Markets analyst A. Arif now forecasts that the oil and gas exploration company will post earnings per share of $0.42 for the year, down from their previous forecast of $0.43. Atb Cap Markets has a "Outperform" rating on the stock. The consensus estimate for Yangarra Resources' current full-year earnings is $0.45 per share. Atb Cap Markets also issued estimates for Yangarra Resources' Q4 2024 earnings at $0.12 EPS, FY2025 earnings at $0.38 EPS, FY2026 earnings at $0.31 EPS and FY2028 earnings at $0.32 EPS.
Yangarra Resources (TSE:YGR - Get Free Report) last issued its earnings results on Thursday, March 7th. The oil and gas exploration company reported C$0.12 earnings per share for the quarter, meeting analysts' consensus estimates of C$0.12. The firm had revenue of C$33.65 million for the quarter. Yangarra Resources had a net margin of 30.65% and a return on equity of 9.24%.
YGR has been the subject of several other reports. Raymond James decreased their price objective on shares of Yangarra Resources from C$3.00 to C$2.00 and set an "outperform" rating for the company in a research report on Friday, January 19th. National Bankshares cut their target price on Yangarra Resources from C$2.00 to C$1.50 and set a "sector perform" rating on the stock in a research report on Friday, March 8th. Finally, ATB Capital lowered their target price on Yangarra Resources from C$2.00 to C$1.60 and set a "buy" rating for the company in a report on Friday, March 8th.
Check Out Our Latest Report on YGR
Yangarra Resources Trading Down 0.9 %
TSE YGR traded down C$0.01 on Friday, hitting C$1.12. The company's stock had a trading volume of 71,510 shares, compared to its average volume of 78,205. The firm has a market cap of C$106.70 million, a PE ratio of 2.40 and a beta of 2.39. The company's 50-day moving average is C$1.16 and its 200 day moving average is C$1.29. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of 23.00. Yangarra Resources has a 1-year low of C$1.06 and a 1-year high of C$1.98.
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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