Yangarra Resources (TSE:YGR) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

Yangarra Resources Ltd. (TSE:YGR) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.08 and traded as high as C$1.11. Yangarra Resources shares last traded at C$1.06, with a volume of 48,943 shares traded.

Yangarra Resources Stock Performance

The firm has a market cap of C$107.35 million, a PE ratio of 6.24 and a beta of 0.29. The stock has a 50-day moving average price of C$1.08 and a 200 day moving average price of C$1.04. The company has a debt-to-equity ratio of 20.78, a current ratio of 1.67 and a quick ratio of 0.91.

Yangarra Resources (TSE:YGR) last released its earnings results on Tuesday, October 28th. The oil and gas exploration company reported C$0.02 earnings per share (EPS) for the quarter. The firm had revenue of C$25.00 million during the quarter. Yangarra Resources had a net margin of 26.78% and a return on equity of 6.30%. Research analysts forecast that Yangarra Resources Ltd. will post 0.490566 earnings per share for the current year.

Yangarra Resources Company Profile

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.