Yangarra Resources (TSE:YGR) Hits New 52-Week High – Here’s What Happened

by · The Cerbat Gem

Yangarra Resources Ltd. (TSE:YGR – Get Free Report) shares reached a new 52-week high on Friday . The stock traded as high as C$1.14 and last traded at C$1.14, with a volume of 143425 shares traded. The stock had previously closed at C$1.11.

Yangarra Resources Stock Up 2.7%

The company has a debt-to-equity ratio of 20.78, a current ratio of 1.67 and a quick ratio of 0.91. The stock’s fifty day simple moving average is C$1.02 and its 200-day simple moving average is C$1.01. The stock has a market cap of C$115.45 million, a P/E ratio of 6.71 and a beta of -0.03.

Yangarra Resources (TSE:YGR – Get Free Report) last announced its quarterly earnings results on Tuesday, October 28th. The oil and gas exploration company reported C$0.02 earnings per share for the quarter. The business had revenue of C$25.00 million for the quarter. Yangarra Resources had a return on equity of 6.30% and a net margin of 26.78%. On average, research analysts anticipate that Yangarra Resources Ltd. will post 0.490566 earnings per share for the current year.

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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