Yangarra Resources Ltd. ( TSE:YGR – Get Free Report ) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.
01 and traded as high as C$1.12. Yangarra Resources shares last traded at C$1.
08, with a volume of 35,250 shares. Analysts Set New Price Targets Separately, National Bankshares reduced their price target on shares of Yangarra Resources from C$1.50 to C$1.
25 in a research report on Friday, September 27th. Read Our Latest Report on Yangarra Resources Yangarra Resources Stock Performance Yangarra Resources ( TSE:YGR – Get Free Report ) last released its quarterly earnings results on Wednesday, October 30th. The oil and gas exploration company reported C$0.
04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.04).
The company had revenue of C$26.26 million during the quarter, compared to analysts’ expectations of C$33.20 million.
Yangarra Resources had a net margin of 29.17% and a return on equity of 7.90%.
As a group, research analysts anticipate that Yangarra Resources Ltd. will post 0.490566 earnings per share for the current year.
Insiders Place Their Bets In other news, Director Gordon Bowerman acquired 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average price of C$1.02 per share, for a total transaction of C$25,500.
00. Insiders have bought 41,688 shares of company stock worth $41,765 over the last ninety days. Corporate insiders own 12.
08% of the company’s stock. About Yangarra Resources ( Get Free Report ) Yangarra Resources Ltd., a junior oil and gas company, engages in the exploration, development, and production of oil and natural gas properties in Western Canada.
The company focuses on the Cardium in Central Alberta. It also focuses on the Western Canadian Sedimentary basin. The company is headquartered in Calgary, Canada.
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Yangarra Resources (TSE:YGR) Stock Crosses Above Fifty Day Moving Average – Here’s Why
Yangarra Resources Ltd. (TSE:YGR – Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.01 and traded as high as C$1.12. Yangarra Resources shares last traded at C$1.08, with a volume of 35,250 shares. Analysts Set New Price Targets Separately, [...]