Yangarra Resources Ltd. (TSE:YGR) Director Buys C$11,328.00 in Stock

Yangarra Resources Ltd. (TSE:YGR) Director Penelope Payne purchased 11,800 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were acquired at an average cost of C$0.96 per share, with a total value of C$11,328.00.

Yangarra Resources Stock Performance

Shares of YGR opened at C$0.94 on Friday. The stock has a 50 day moving average of C$1.01 and a 200 day moving average of C$1.05. The company has a current ratio of 2.01, a quick ratio of 0.91 and a debt-to-equity ratio of 21.37. Yangarra Resources Ltd. has a 12 month low of C$0.91 and a 12 month high of C$1.34. The company has a market capitalization of C$92.81 million, a price-to-earnings ratio of 2.24 and a beta of 2.19.

Yangarra Resources (TSE:YGR) last released its earnings results on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 EPS for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.04). The business had revenue of C$26.26 million for the quarter, compared to the consensus estimate of C$33.20 million. Yangarra Resources had a return on equity of 7.90% and a net margin of 29.17%. As a group, sell-side analysts forecast that Yangarra Resources Ltd. will post 0.490566 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, National Bankshares lowered their price objective on shares of Yangarra Resources from C$1.50 to C$1.25 in a research note on Friday, September 27th.

About Yangarra Resources

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.