Yangarra Resources (TSE:YGR) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Yangarra Resources Ltd. (TSE:YGRGet Free Report)’s stock price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.08 and traded as high as C$1.10. Yangarra Resources shares last traded at C$1.10, with a volume of 88,090 shares traded.

Yangarra Resources Stock Performance

The company’s 50-day simple moving average is C$1.08 and its 200-day simple moving average is C$1.04. The stock has a market capitalization of C$111.40 million, a price-to-earnings ratio of 6.47 and a beta of 0.29. The company has a current ratio of 1.67, a quick ratio of 0.91 and a debt-to-equity ratio of 20.78.

Yangarra Resources Company Profile

(Get Free Report)

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.

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