Yangarra Resources Ltd Expected to Earn FY2018 Earnings of $0.21 Per Share (YGR)

Yangarra Resources Ltd (TSE:YGR) – Stock analysts at Clarus Securities boosted their FY2018 earnings per share (EPS) estimates for shares of Yangarra Resources in a research report issued on Wednesday. Clarus Securities analyst R. Pare now forecasts that the oil and gas exploration company will post earnings of $0.21 per share for the year, up from their previous forecast of $0.20.

Separately, Raymond James Financial upgraded Yangarra Resources from an “outperform” rating to a “strong-buy” rating and set a C$6.00 target price on the stock in a report on Wednesday.

Shares of Yangarra Resources (TSE:YGR) traded down C$0.07 during trading on Thursday, hitting C$4.93. The stock had a trading volume of 108,545 shares, compared to its average volume of 247,316. The firm has a market cap of $350.74, a PE ratio of 29.53 and a beta of 1.08. Yangarra Resources has a fifty-two week low of C$2.28 and a fifty-two week high of C$5.72.

In other Yangarra Resources news, Director James Grant Evaskevich acquired 110,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 24th. The shares were purchased at an average cost of C$5.05 per share, for a total transaction of C$555,500.00.

ILLEGAL ACTIVITY WARNING: “Yangarra Resources Ltd Expected to Earn FY2018 Earnings of $0.21 Per Share (YGR)” was first reported by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another website, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/02/15/yangarra-resources-ltd-expected-to-earn-fy2018-earnings-of-0-21-per-share-ygr.html.

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.

Receive News & Ratings for Yangarra Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yangarra Resources and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply