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

Yangarra Resources logo with Energy background

Shares of Yangarra Resources Ltd. (TSE:YGR - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.96 and traded as high as C$1.03. Yangarra Resources shares last traded at C$1.03, with a volume of 605 shares traded.

Yangarra Resources Stock Up 1.9%

The stock has a market capitalization of C$105.72 million, a PE ratio of 3.04 and a beta of 2.19. The firm has a 50 day moving average of C$0.96 and a two-hundred day moving average of C$0.99. The company has a current ratio of 1.67, a quick ratio of 0.91 and a debt-to-equity ratio of 20.78.

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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