Yangarra Resources (TSE:YGR) Given New C$3.50 Price Target at Raymond James

Yangarra Resources (TSE:YGRGet Rating) had its price objective trimmed by Raymond James from C$4.00 to C$3.50 in a research report released on Monday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the oil and gas exploration company’s stock.

Separately, Cormark decreased their price target on Yangarra Resources from C$5.25 to C$4.00 in a report on Monday, January 9th.

Yangarra Resources Stock Performance

TSE:YGR opened at C$2.58 on Monday. The stock’s fifty day moving average is C$2.77 and its 200 day moving average is C$2.73. Yangarra Resources has a fifty-two week low of C$1.60 and a fifty-two week high of C$4.07. The firm has a market capitalization of C$226.91 million and a PE ratio of 2.35. The company has a debt-to-equity ratio of 35.13, a quick ratio of 0.91 and a current ratio of 1.11.

Yangarra Resources (TSE:YGRGet Rating) last released its quarterly earnings results on Tuesday, November 1st. The oil and gas exploration company reported C$0.30 earnings per share for the quarter. The company had revenue of C$62.79 million for the quarter. On average, sell-side analysts anticipate that Yangarra Resources will post 0.18 earnings per share for the current year.

Yangarra Resources Company Profile

(Get Rating)

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. As of February 1, 2022, it had proved plus probable reserves of 141.2 million barrels of oil equivalent. The company is headquartered in Calgary, Canada.

Read More

Receive News & Ratings for Yangarra Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yangarra Resources and related companies with MarketBeat.com's FREE daily email newsletter.