Penelope Payne Buys 11,800 Shares of Yangarra Resources Ltd. (TSE:YGR) Stock

Yangarra Resources Ltd. (TSE:YGR) Director Penelope Payne acquired 11,800 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The stock was acquired at an average price of C$0.96 per share, for a total transaction of C$11,328.00.

Yangarra Resources Trading Down 2.1 %

Shares of YGR stock opened at C$0.94 on Thursday. Yangarra Resources Ltd. has a 1-year low of C$0.91 and a 1-year high of C$1.34. The firm has a market cap of C$92.81 million, a PE ratio of 2.24 and a beta of 2.19. The company has a 50-day moving average of C$1.01 and a two-hundred day moving average of C$1.05. 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 (TSE:YGR) last posted its quarterly earnings data on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 earnings per share 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 analysts’ expectations of C$33.20 million. On average, analysts predict that Yangarra Resources Ltd. will post 0.490566 EPS for the current year.

Analyst Ratings Changes

Separately, National Bankshares reduced their target price on Yangarra Resources from C$1.50 to C$1.25 in a research report 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.