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Yangarra Resources (TSE:YGR) Stock Passes Above Fifty Day Moving Average - Time to Sell?

Yangarra Resources logo with Energy background

Yangarra Resources Ltd. (TSE:YGR - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.90 and traded as high as C$0.96. Yangarra Resources shares last traded at C$0.95, with a volume of 18,857 shares changing hands.

Yangarra Resources Stock Up 4.2%

The business's 50 day simple moving average is C$0.90 and its 200-day simple moving average is C$0.98. The company has a debt-to-equity ratio of 20.78, a quick ratio of 0.91 and a current ratio of 1.67. The company has a market cap of C$99.68 million, a price-to-earnings ratio of 2.87 and a beta of 2.19.

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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