Yangarra Resources (TSE:YGR) Hits New 12-Month High – Time to Buy?

Shares of Yangarra Resources Ltd. (TSE:YGRGet Free Report) reached a new 52-week high on Friday . The company 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 Trading Up 2.7%

The company has a quick ratio of 0.91, a current ratio of 1.67 and a debt-to-equity ratio of 20.78. The business’s 50 day moving average is C$1.02 and its 200-day moving average is C$1.01. The firm 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:YGRGet Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The oil and gas exploration company reported C$0.02 EPS for the quarter. The firm had revenue of C$25.00 million for the quarter. Yangarra Resources had a net margin of 26.78% and a return on equity of 6.30%. As a group, analysts forecast that Yangarra Resources Ltd. will post 0.490566 earnings per share for the current fiscal 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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