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Yangarra Resources (TSE:YGR) Share Price Crosses Above Fifty Day Moving Average - Should You Sell?

Yangarra Resources logo with Energy background

Yangarra Resources Ltd. (TSE:YGR - Get Free Report) shares 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 trading hands.

Yangarra Resources Trading Up 1.1%

The company has a market capitalization of C$94.65 million, a price-to-earnings ratio of 2.72 and a beta of 2.19. 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's 50 day simple moving average is C$0.91 and its two-hundred day simple moving average is C$0.99.

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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