Yorbeau Resources (TSE:YRB) Issues Earnings Results

Yorbeau Resources (TSE:YRB) released its quarterly earnings data on Friday. The company reported C($0.01) earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$0.07 million during the quarter.

Yorbeau Resources Price Performance

Shares of Yorbeau Resources stock traded up C$0.01 during midday trading on Friday, hitting C$0.05. 6,100 shares of the company were exchanged, compared to its average volume of 169,558. The company has a debt-to-equity ratio of 3.86, a current ratio of 0.14 and a quick ratio of 2.58. The firm has a market cap of C$23.77 million, a P/E ratio of 1.71 and a beta of 0.84. Yorbeau Resources has a 52 week low of C$0.04 and a 52 week high of C$0.08. The firm has a 50 day simple moving average of C$0.05 and a 200-day simple moving average of C$0.06.

About Yorbeau Resources

Yorbeau Resources is a Canadian public company (TSX: YRB) involved in gold and base metal exploration in Quebec, Canada. The Company’s focus is on seeking a partner to further explore and develop its Scott Lake zinc copper deposit near Chibougamau Quebec (refer to Yorbeau’s National Instrument 43-101 compliant technical report dated December 6, 2017, titled ‘Technical Report on the Preliminary Economic Assessment for the Scott Lake Project, Northwestern Quebec, Canada,’ available on the Company’s SEDAR+ profile at www.sedarplus.ca). Yorbeau also intends to focus on continuing exploration on its well-located properties in the Detour, Joutel and Selbaie region of north western Quebec.