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Yangarra Resources (TSE:YGR) Stock Price Passes Above 50 Day Moving Average - What's Next?

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 Wednesday . The stock has a fifty day moving average of C$0.92 and traded as high as C$0.92. Yangarra Resources shares last traded at C$0.91, with a volume of 47,930 shares.

Yangarra Resources Stock Up 1.1%

The firm has a market cap of C$92.63 million, a price-to-earnings ratio of 2.66 and a beta of 2.19. The firm's fifty day moving average is C$0.91 and its two-hundred day moving average is C$0.99. The company has a debt-to-equity ratio of 20.78, a current ratio of 1.67 and a quick ratio of 0.91.

About Yangarra Resources

(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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