Yangarra Resources Ltd (TSE:YGR) – Cormark lowered their Q3 2017 earnings per share (EPS) estimates for Yangarra Resources in a research note issued on Tuesday. Cormark analyst A. Arif now anticipates that the oil and gas exploration company will earn $0.05 per share for the quarter, down from their prior forecast of $0.06. Cormark also issued estimates for Yangarra Resources’ FY2017 earnings at $0.25 EPS, Q1 2018 earnings at $0.09 EPS, Q3 2018 earnings at $0.10 EPS, Q4 2018 earnings at $0.12 EPS and FY2018 earnings at $0.41 EPS.

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Shares of Yangarra Resources (TSE:YGR) opened at 3.62 on Wednesday. Yangarra Resources has a 52-week low of $1.17 and a 52-week high of $4.00. The firm has a market cap of $292.07 million and a price-to-earnings ratio of 29.19. The stock has a 50 day moving average of $3.58 and a 200 day moving average of $3.19.

In other Yangarra Resources news, Director James Grant Evaskevich bought 20,000 shares of Yangarra Resources stock in a transaction on Friday, September 15th. The stock was purchased at an average cost of C$3.40 per share, for a total transaction of C$68,000.00. Insiders acquired 46,000 shares of company stock valued at $159,584 over the last quarter.

Yangarra Resources Company Profile

Yangarra Resources Ltd., a junior oil and gas company, explores, develops, and produces resource properties in Western Canada. It has oil and gas interests in various sections of land located in Central Alberta and Medicine Hat. Yangarra Resources Ltd. is headquartered in Calgary, Canada.

Earnings History and Estimates for Yangarra Resources (TSE:YGR)

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