Yangarra Resources (TSE:YGR) Reaches New 1-Year Low at $1.17

Shares of Yangarra Resources Ltd. (TSE:YGRGet Free Report) reached a new 52-week low on Tuesday . The company traded as low as C$1.17 and last traded at C$1.18, with a volume of 106581 shares trading hands. The stock had previously closed at C$1.23.

Analyst Upgrades and Downgrades

YGR has been the subject of a number of recent analyst reports. ATB Capital dropped their price target on Yangarra Resources from C$3.00 to C$2.75 and set an “outperform” rating for the company in a report on Tuesday, October 10th. National Bankshares decreased their price objective on Yangarra Resources from C$4.00 to C$2.00 and set a “sector perform” rating on the stock in a research report on Wednesday, January 10th.

Get Our Latest Stock Analysis on Yangarra Resources

Yangarra Resources Price Performance

The stock has a market capitalization of C$111.86 million, a P/E ratio of 1.07 and a beta of 2.36. The company has a debt-to-equity ratio of 24.81, a quick ratio of 0.91 and a current ratio of 0.99. The stock has a 50-day simple moving average of C$1.34 and a 200 day simple moving average of C$1.64.

Yangarra Resources (TSE:YGRGet Free Report) last posted its quarterly earnings results on Wednesday, November 8th. The oil and gas exploration company reported C$0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.13 by C($0.02). Yangarra Resources had a return on equity of 12.21% and a net margin of 33.73%. The company had revenue of C$45.41 million during the quarter. On average, equities analysts forecast that Yangarra Resources Ltd. will post 0.6492147 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Yangarra Resources news, Director Gordon Bowerman bought 17,000 shares of Yangarra Resources stock in a transaction on Thursday, November 9th. The shares were purchased at an average cost of C$1.55 per share, for a total transaction of C$26,350.00. Over the last ninety days, insiders have acquired 47,100 shares of company stock worth $71,947. Corporate insiders own 11.57% of the company’s stock.

Yangarra Resources Company Profile

(Get Free Report)

Yangarra Resources Ltd., a junior oil and gas company, engages in the exploration, development, and production of oil and natural gas properties in Western Canada. The company focuses on the Cardium in Central Alberta. It also focuses on the Western Canadian Sedimentary basin. The company is headquartered in Calgary, Canada.

Further Reading

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