National Bank Financial Raises Yangarra Resources (TSE:YGR) Price Target to C$1.25

Yangarra Resources (TSE:YGR) had its price objective raised by analysts at National Bank Financial from C$1.00 to C$1.25 in a research report issued on Friday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the oil and gas exploration company’s stock. National Bank Financial’s target price would suggest a potential upside of 9.65% from the company’s current price.

Yangarra Resources Trading Down 5.8%

YGR stock opened at C$1.14 on Friday. The stock has a market cap of C$115.45 million, a price-to-earnings ratio of 6.71 and a beta of 0.19. The company has a fifty day moving average price of C$1.09 and a two-hundred day moving average price of C$1.05. Yangarra Resources has a one year low of C$0.80 and a one year high of C$1.23. The company has a debt-to-equity ratio of 22.14, a current ratio of 1.94 and a quick ratio of 0.91.

Yangarra Resources (TSE:YGR) last posted its earnings results on Thursday, March 5th. The oil and gas exploration company reported C$0.01 earnings per share (EPS) for the quarter. Yangarra Resources had a net margin of 13.38% and a return on equity of 2.57%. The company had revenue of C$21.78 million during the quarter. Equities analysts anticipate that Yangarra Resources will post 0.490566 EPS 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.