Atb Cap Markets Comments on Yangarra Resources Ltd.’s FY2028 Earnings (TSE:YGR)

Yangarra Resources Ltd. (TSE:YGR) – Equities researchers at Atb Cap Markets lowered their FY2028 earnings per share estimates for shares of Yangarra Resources in a research report issued on Monday, April 22nd. Atb Cap Markets analyst A. Arif now expects that the oil and gas exploration company will post earnings per share of $0.33 for the year, down from their previous estimate of $0.34. Atb Cap Markets currently has a “Outperform” rating on the stock. The consensus estimate for Yangarra Resources’ current full-year earnings is $0.45 per share.

Several other analysts also recently issued reports on YGR. Raymond James cut their price target on Yangarra Resources from C$3.00 to C$2.00 and set an “outperform” rating on the stock in a report on Friday, January 19th. National Bankshares cut their price target on Yangarra Resources from C$2.00 to C$1.50 and set a “sector perform” rating on the stock in a report on Friday, March 8th. Finally, ATB Capital cut their price target on Yangarra Resources from C$2.00 to C$1.60 and set a “buy” rating on the stock in a report on Friday, March 8th.

Yangarra Resources Price Performance

Shares of YGR opened at C$1.16 on Wednesday. The firm has a market cap of C$110.51 million, a price-to-earnings ratio of 2.47 and a beta of 2.39. The stock has a 50 day moving average of C$1.15 and a 200-day moving average of C$1.31. The company has a current ratio of 0.98, a quick ratio of 0.91 and a debt-to-equity ratio of 23.00. Yangarra Resources has a 52 week low of C$1.06 and a 52 week high of C$1.98.

Yangarra Resources (TSE:YGR) last issued its earnings results on Thursday, March 7th. The oil and gas exploration company reported C$0.12 EPS for the quarter, hitting the consensus estimate of C$0.12. The company had revenue of C$33.65 million during the quarter. Yangarra Resources had a return on equity of 9.24% and a net margin of 30.65%.

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.