Yangarra Resources Ltd. (TSE:YGR - Free Report) - Equities research analysts at Atb Cap Markets cut their FY2027 earnings estimates for Yangarra Resources in a report released on Wednesday, May 1st. Atb Cap Markets analyst A. Arif now expects that the oil and gas exploration company will post earnings per share of $0.32 for the year, down from their previous forecast of $0.33. 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.
A number of other research analysts have also issued reports on the stock. ATB Capital dropped their price target on shares of Yangarra Resources from C$2.00 to C$1.60 and set a "buy" rating on the stock in a research note on Friday, March 8th. National Bankshares reduced their price target on shares of Yangarra Resources from C$2.00 to C$1.50 and set a "sector perform" rating for the company in a research report on Friday, March 8th. Finally, Raymond James dropped their price objective on Yangarra Resources from C$3.00 to C$2.00 and set an "outperform" rating for the company in a research note on Friday, January 19th.
Read Our Latest Stock Analysis on YGR
Yangarra Resources Stock Performance
Shares of TSE YGR traded up C$0.05 during trading hours on Monday, reaching C$1.17. The stock had a trading volume of 47,634 shares, compared to its average volume of 77,858. The firm has a market cap of C$111.47 million, a price-to-earnings ratio of 2.49 and a beta of 2.39. Yangarra Resources has a fifty-two week low of C$1.06 and a fifty-two week high of C$1.98. The firm has a 50-day moving average of C$1.16 and a 200-day moving average of C$1.27. The company has a current ratio of 0.98, a quick ratio of 0.91 and a debt-to-equity ratio of 23.00.
Yangarra Resources (TSE:YGR - Get Free Report) last posted its earnings results on Thursday, March 7th. The oil and gas exploration company reported C$0.12 EPS for the quarter, meeting the consensus estimate of C$0.12. Yangarra Resources had a return on equity of 9.24% and a net margin of 30.65%. The firm had revenue of C$33.65 million for the quarter.
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.
Read More
Before you consider Yangarra Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yangarra Resources wasn't on the list.
While Yangarra Resources currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
