Free Trial

Yangarra Resources (TSE:YGR) Stock Passes Above Fifty Day Moving Average - Here's Why

Yangarra Resources logo with Energy background

Yangarra Resources Ltd. (TSE:YGR - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.91 and traded as high as C$1.01. Yangarra Resources shares last traded at C$1.01, with a volume of 36,092 shares trading hands.

Yangarra Resources Stock Performance

The firm has a fifty day moving average of C$0.91 and a 200-day moving average of C$0.98. 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 stock has a market capitalization of C$101.70 million, a price-to-earnings ratio of 2.92 and a beta of 2.19.

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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Yangarra Resources Right Now?

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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why AMD Stock Beats NVIDIA Right Now
Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now
Palantir at All-Time Highs: Take Profits or Hold the Line?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines