Yangarra Resources (TSE:YGR) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Yangarra Resources Ltd. (TSE:YGRGet Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$1.41 and traded as high as C$1.60. Yangarra Resources shares last traded at C$1.59, with a volume of 535,951 shares trading hands.

Yangarra Resources Price Performance

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 firm’s 50-day moving average is C$1.43 and its 200-day moving average is C$1.35. The company has a market cap of C$168.95 million, a PE ratio of 8.89 and a beta of -0.83.

Yangarra Resources (TSE:YGRGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The oil and gas exploration company reported C$0.11 EPS for the quarter. The business had revenue of C$39.21 million during the quarter. Yangarra Resources had a net margin of 17.15% and a return on equity of 3.31%. On average, equities analysts anticipate that Yangarra Resources Ltd. will post 0.490566 EPS for the current year.

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.

Further Reading

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