Insider Buying: Yangarra Resources Ltd. (TSE:YGR) Director Buys C$25,500.00 in Stock

Yangarra Resources Ltd. (TSE:YGR) Director Gordon Bowerman bought 25,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was purchased at an average cost of C$1.02 per share, with a total value of C$25,500.00.

Gordon Bowerman also recently made the following trade(s):

• On Friday, November 22nd, Gordon Bowerman acquired 4,888 shares of Yangarra Resources stock. The stock was acquired at an average cost of C$1.01 per share, with a total value of C$4,936.88.

Yangarra Resources Stock Performance

YGR opened at C$1.02 on Friday. The business has a fifty day moving average price of C$1.03 and a 200 day moving average price of C$1.06. The company has a debt-to-equity ratio of 21.37, a current ratio of 2.01 and a quick ratio of 0.91. Yangarra Resources Ltd. has a 12 month low of C$0.91 and a 12 month high of C$1.41. The stock has a market capitalization of C$100.70 million, a price-to-earnings ratio of 2.43 and a beta of 2.19.

Yangarra Resources (TSE:YGR) last announced its quarterly earnings data on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.04). Yangarra Resources had a return on equity of 7.90% and a net margin of 29.17%. The company had revenue of C$26.26 million for the quarter, compared to analyst estimates of C$33.20 million. Sell-side analysts expect that Yangarra Resources Ltd. will post 0.490566 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, National Bankshares cut their target price on shares of Yangarra Resources from C$1.50 to C$1.25 in a research note on Friday, September 27th.

About Yangarra Resources

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.