Yangarra Resources Ltd. (TSE:YGR – Get Rating) Director Robert Weir sold 50,000 shares of the company’s stock in a transaction on Thursday, May 26th. The stock was sold at an average price of C$3.46, for a total value of C$173,000.00. Following the transaction, the director now owns 319,646 shares in the company, valued at C$1,105,975.16.

Yangarra Resources stock opened at C$3.48 on Tuesday. Yangarra Resources Ltd. has a twelve month low of C$1.03 and a twelve month high of C$3.54. The stock’s fifty day simple moving average is C$2.95 and its 200-day simple moving average is C$2.21. The company has a current ratio of 1.30, a quick ratio of 1.13 and a debt-to-equity ratio of 50.28. The firm has a market capitalization of C$302.32 million and a P/E ratio of 4.90.

Yangarra Resources (TSE:YGR – Get Rating) last posted its earnings results on Thursday, March 3rd. The oil and gas exploration company reported C$0.22 EPS for the quarter. The business had revenue of C$47.41 million during the quarter. Sell-side analysts predict that Yangarra Resources Ltd. will post 0.18 earnings per share for the current year.

A number of research analysts have commented on the company. National Bankshares decreased their price target on Yangarra Resources from C$3.50 to C$2.50 in a research note on Thursday, April 14th. Cormark upped their price objective on Yangarra Resources from C$3.50 to C$4.50 and gave the stock a “buy” rating in a research report on Monday, March 21st. Finally, Raymond James set a C$3.25 price objective on Yangarra Resources and gave the stock an “outperform” rating in a research report on Thursday, April 28th.

Yangarra Resources Company Profile (Get Rating)

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. As of February 1, 2022, it had proved plus probable reserves of 141.2 million barrels of oil equivalent. The company is headquartered in Calgary, Canada.

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