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Yangarra Resources (TSE:YGR) Share Price Crosses Above Fifty Day Moving Average - Here's Why

Yangarra Resources logo with Energy background

Shares of Yangarra Resources Ltd. (TSE:YGR - Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.94 and traded as high as C$1.04. Yangarra Resources shares last traded at C$1.02, with a volume of 16,000 shares.

Yangarra Resources Stock Down 3.8%

The company has a quick ratio of 0.91, a current ratio of 1.67 and a debt-to-equity ratio of 20.78. The company has a market cap of C$102.70 million, a P/E ratio of 2.95 and a beta of 2.19. The company has a fifty day moving average of C$0.94 and a 200 day moving average of C$0.98.

Yangarra Resources Company Profile

(Get Free Report)

Yangarra Resources Ltd is a junior oil and gas company which is engaged in the exploration, development, and production of natural gas and oil with operations in Western Canada. The company has its operations in Central Alberta. It generates its revenue from the sale of crude oil and natural gas products.

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