Atb Cap Markets Comments on Yangarra Resources Ltd.’s FY2028 Earnings (TSE:YGR)

Yangarra Resources Ltd. (TSE:YGR) – Equities researchers at Atb Cap Markets reduced their FY2028 earnings per share estimates for shares of Yangarra Resources in a note issued to investors on Monday, April 22nd. Atb Cap Markets analyst A. Arif now expects that the oil and gas exploration company will post earnings of $0.33 per share for the year, down from their previous forecast of $0.34. Atb Cap Markets has a “Outperform” rating on the stock. The consensus estimate for Yangarra Resources’ current full-year earnings is $0.45 per share.

Yangarra Resources (TSE:YGR) last issued its quarterly earnings results on Thursday, March 7th. The oil and gas exploration company reported C$0.12 EPS for the quarter, hitting analysts’ consensus estimates of C$0.12. Yangarra Resources had a return on equity of 9.24% and a net margin of 30.65%. The company had revenue of C$33.65 million during the quarter.

YGR has been the subject of a number of other research reports. National Bankshares lowered their price target on Yangarra Resources from C$2.00 to C$1.50 and set a “sector perform” rating for the company in a research report on Friday, March 8th. Raymond James decreased their price objective on Yangarra Resources from C$3.00 to C$2.00 and set an “outperform” rating for the company in a report on Friday, January 19th. Finally, ATB Capital cut their price target on Yangarra Resources from C$2.00 to C$1.60 and set a “buy” rating for the company in a research note on Friday, March 8th.

Yangarra Resources Stock Performance

Shares of YGR opened at C$1.16 on Wednesday. The stock has a 50-day moving average of C$1.15 and a two-hundred day moving average of C$1.31. Yangarra Resources has a one year low of C$1.06 and a one year high of C$1.98. The company has a debt-to-equity ratio of 23.00, a quick ratio of 0.91 and a current ratio of 0.98. The stock has a market cap of C$110.51 million, a P/E ratio of 2.47 and a beta of 2.39.

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.