Yangarra Resources (TSE:YGR) Director Sells C$11,480.00 in Stock

Yangarra Resources Ltd. (TSE:YGR) Director Frederick Lee Morton sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of C$1.64, for a total value of C$11,480.00. Following the transaction, the director directly owned 469,044 shares in the company, valued at C$769,232.16. The trade was a 1.47% decrease in their ownership of the stock.

Yangarra Resources Price Performance

Shares of YGR opened at C$1.58 on Friday. The business’s fifty day moving average is C$1.46 and its 200 day moving average is C$1.37. Yangarra Resources Ltd. has a 12-month low of C$0.90 and a 12-month high of C$1.67. The company has a quick ratio of 0.91, a current ratio of 1.56 and a debt-to-equity ratio of 20.90. The stock has a market cap of C$166.84 million, a P/E ratio of 8.78 and a beta of -0.83.

Yangarra Resources (TSE:YGR) last announced its quarterly earnings results on Thursday, July 30th. The oil and gas exploration company reported C$0.11 EPS for the quarter. Yangarra Resources had a net margin of 17.15% and a return on equity of 3.31%. The business had revenue of C$39.21 million during the quarter. Sell-side analysts anticipate that Yangarra Resources Ltd. will post 0.490566 earnings per share for the current fiscal year.

About Yangarra Resources

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.