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Yangarra Resources (TSE:YGR) Share Price Crosses Above 50-Day Moving Average - Should You Sell?

Yangarra Resources logo with Energy background

Yangarra Resources Ltd. (TSE:YGR - Get Free Report)'s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 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 trading hands.

Yangarra Resources Trading Up 2.1%

The firm has a market cap of C$98.68 million, a P/E ratio of 2.84 and a beta of 2.19. The business's 50-day moving average is C$0.90 and its two-hundred day moving average is C$0.98. 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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