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.
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.
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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.
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