Yangarra Resources (TSE:YGR) Reaches New 12-Month High – Should You Buy?

Yangarra Resources Ltd. (TSE:YGRGet Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as C$1.67 and last traded at C$1.65, with a volume of 334207 shares traded. The stock had previously closed at C$1.60.

Yangarra Resources Stock Up 1.9%

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 has a market cap of C$172.12 million, a price-to-earnings ratio of 9.06 and a beta of -0.83. The stock’s 50 day moving average is C$1.43 and its 200 day moving average is C$1.35.

Yangarra Resources (TSE:YGRGet Free Report) last released its earnings results on Thursday, July 30th. The oil and gas exploration company reported C$0.11 earnings per share for the quarter. Yangarra Resources had a return on equity of 3.31% and a net margin of 17.15%.The firm had revenue of C$39.21 million during the quarter. Analysts forecast that Yangarra Resources Ltd. will post 0.490566 EPS for the current year.

Yangarra Resources Company Profile

(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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