Yangarra Resources (TSE:YGR – Get 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 Company Profile
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.
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