Yangarra Resources (TSE:YGR) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Yangarra Resources Ltd. (TSE:YGRGet Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.04 and traded as low as C$1.04. Yangarra Resources shares last traded at C$1.05, with a volume of 17,650 shares.

Yangarra Resources Trading Up 1.0%

The business has a 50-day moving average of C$1.04 and a 200-day moving average of C$1.02. The stock has a market capitalization of C$106.34 million, a price-to-earnings ratio of 6.18 and a beta of -0.03. The company has a debt-to-equity ratio of 20.78, a quick ratio of 0.91 and a current ratio of 1.67.

Yangarra Resources (TSE:YGRGet Free Report) last issued its quarterly earnings data on Tuesday, October 28th. The oil and gas exploration company reported C$0.02 earnings per share for the quarter. The company had revenue of C$25.00 million during the quarter. Yangarra Resources had a return on equity of 6.30% and a net margin of 26.78%. As a group, research analysts forecast that Yangarra Resources Ltd. will post 0.490566 EPS for the current year.

Yangarra Resources Company Profile

(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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