Yangarra Resources (TSE:YGR) Share Price Passes Above Fifty Day Moving Average – What’s Next?

Yangarra Resources Ltd. (TSE:YGRGet Free Report)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.08 and traded as high as C$1.10. Yangarra Resources shares last traded at C$1.10, with a volume of 88,090 shares.

Yangarra Resources Price Performance

The company has a fifty day moving average price of C$1.08 and a two-hundred day moving average price of C$1.04. The company has a quick ratio of 0.91, a current ratio of 1.67 and a debt-to-equity ratio of 20.78. The firm has a market capitalization of C$109.38 million, a price-to-earnings ratio of 6.35 and a beta of 0.29.

About Yangarra Resources

(Get Free Report)

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.

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