Yangarra Resources (TSE:YGR) Sets New 12-Month Low at $0.98

Shares of Yangarra Resources Ltd. (TSE:YGR) hit a new 52-week low during trading on Monday . The company traded as low as C$0.98 and last traded at C$1.00, with a volume of 66140 shares trading hands. The stock had previously closed at C$1.03.

Yangarra Resources Stock Performance

The company has a fifty day moving average price of C$1.07 and a two-hundred day moving average price of C$1.12. The company has a debt-to-equity ratio of 21.37, a current ratio of 2.01 and a quick ratio of 0.91. The company has a market capitalization of C$101.69 million, a P/E ratio of 2.45 and a beta of 2.21.

Yangarra Resources (TSE:YGR) last posted its earnings results on Tuesday, July 30th. The oil and gas exploration company reported C$0.09 EPS for the quarter, hitting the consensus estimate of C$0.09. Yangarra Resources had a net margin of 29.17% and a return on equity of 7.90%. The business had revenue of C$35.72 million for the quarter, compared to the consensus estimate of C$36.50 million. Equities analysts forecast that Yangarra Resources Ltd. will post 0.369637 earnings per share for the current fiscal year.

Yangarra Resources Company Profile

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.