Yangarra Resources Ltd. (TSE:YGR - Get Free Report)'s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.23 and traded as low as C$1.20. Yangarra Resources shares last traded at C$1.20, with a volume of 68,160 shares trading hands.
Analyst Ratings Changes
YGR has been the topic of several analyst reports. Atb Cap Markets upgraded Yangarra Resources from a "sector perform" rating to an "outperform" rating in a report on Friday, March 8th. ATB Capital cut their target price on shares of Yangarra Resources from C$2.00 to C$1.60 and set a "buy" rating on the stock in a report on Friday, March 8th. Finally, National Bankshares lowered 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 report on Friday, March 8th.
View Our Latest Report on Yangarra Resources
Yangarra Resources Trading Down 2.5 %
The firm has a market cap of C$115.51 million, a PE ratio of 2.93 and a beta of 2.34. The firm has a fifty day simple moving average of C$1.16 and a two-hundred day simple moving average of C$1.23. The company has a current ratio of 1.13, a quick ratio of 0.91 and a debt-to-equity ratio of 21.76.
Yangarra Resources (TSE:YGR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 30th. The oil and gas exploration company reported C$0.09 EPS for the quarter, hitting analysts' consensus estimates of C$0.09. The company had revenue of C$40.43 million during the quarter, compared to analyst estimates of C$36.10 million. Yangarra Resources had a return on equity of 7.76% and a net margin of 27.89%. Equities analysts forecast that Yangarra Resources Ltd. will post 0.6779661 EPS for the current year.
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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