Yangarra Resources (TSE:YGR) Stock Passes Above 50 Day Moving Average – Should You Sell?

Yangarra Resources Ltd. (TSE:YGR)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.31 and traded as high as C$1.33. Yangarra Resources shares last traded at C$1.31, with a volume of 64,175 shares traded.

Yangarra Resources Stock Down 1.5%

The company has a current ratio of 1.47, a quick ratio of 0.91 and a debt-to-equity ratio of 21.51. The stock has a market cap of C$138.33 million, a price-to-earnings ratio of 10.08 and a beta of -0.78. The stock’s 50-day moving average price is C$1.31 and its 200-day moving average price is C$1.25.

Yangarra Resources (TSE:YGR) last issued its quarterly earnings results on Thursday, April 30th. The oil and gas exploration company reported C$0.04 earnings per share for the quarter. Yangarra Resources had a return on equity of 2.46% and a net margin of 13.70%.The firm had revenue of C$28.53 million during the quarter. On average, sell-side analysts expect 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.