Yangarra Resources (TSE:YGR) Hits New 1-Year High – What’s Next?
by Tristan Rich · The Markets DailyYangarra Resources Ltd. (TSE:YGR – Get Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$1.67 and last traded at C$1.65, with a volume of 334207 shares trading hands. The stock had previously closed at C$1.60.
Yangarra Resources Stock Up 0.6%
The company has a market capitalization of C$174.23 million, a P/E ratio of 9.17 and a beta of -0.83. The company has a debt-to-equity ratio of 20.90, a current ratio of 1.56 and a quick ratio of 0.91. The stock has a 50-day moving average price of C$1.45 and a 200-day moving average price of C$1.36.
Yangarra Resources (TSE:YGR – Get Free Report) last announced its earnings results on Thursday, July 30th. The oil and gas exploration company reported C$0.11 EPS for the quarter. The company had revenue of C$39.21 million for the quarter. Yangarra Resources had a return on equity of 3.31% and a net margin of 17.15%. On average, research analysts predict that Yangarra Resources Ltd. will post 0.490566 EPS for the current fiscal year.
About Yangarra Resources
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.