Yangarra Resources (YGR) Given New C$8.25 Price Target at CIBC
Several other brokerages have also issued reports on YGR. Raymond James increased their price target on Yangarra Resources from C$7.50 to C$8.00 and gave the stock a strong-buy rating in a report on Wednesday, May 30th. Industrial Alliance Securities increased their price target on Yangarra Resources from C$7.75 to C$8.25 in a report on Thursday, August 9th.
Shares of Yangarra Resources stock opened at C$4.43 on Friday. Yangarra Resources has a one year low of C$3.42 and a one year high of C$6.50.
In other news, Director Neil M. Mackenzie purchased 19,100 shares of the business’s stock in a transaction on Monday, July 23rd. The shares were acquired at an average price of C$5.38 per share, for a total transaction of C$102,758.00. Also, Director Gordon Bowerman purchased 5,000 shares of the business’s stock in a transaction on Wednesday, July 18th. The stock was purchased at an average price of C$5.38 per share, for a total transaction of C$26,900.00. In the last quarter, insiders acquired 193,500 shares of company stock worth $924,052.
Yangarra Resources Company Profile
Yangarra Resources Ltd., a junior oil and gas company, explores for, develops, and produces resource properties in Western Canada. The company has oil and gas interests in various sections of land located in Central Alberta and Medicine Hat. Yangarra Resources Ltd. is headquartered in Calgary, Canada.
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