Yangarra Resources (TSE:YGR) Given New C$1.25 Price Target at National Bank Financial

Yangarra Resources (TSE:YGR) had its price objective increased by stock analysts at National Bank Financial from C$1.00 to C$1.25 in a report issued on Friday,BayStreet.CA reports. The brokerage presently has a “sector perform” rating on the oil and gas exploration company’s stock. National Bank Financial’s price target would suggest a potential upside of 10.62% from the company’s previous close.

Yangarra Resources Price Performance

YGR stock traded down C$0.08 during trading on Friday, hitting C$1.13. The company had a trading volume of 135,439 shares, compared to its average volume of 113,707. The company has a current ratio of 2.00, a quick ratio of 0.91 and a debt-to-equity ratio of 20.63. The company has a fifty day moving average price of C$1.08 and a two-hundred day moving average price of C$1.05. Yangarra Resources has a fifty-two week low of C$0.80 and a fifty-two week high of C$1.23. The company has a market cap of C$114.44 million, a P/E ratio of 6.65 and a beta of 0.19.

Yangarra Resources (TSE:YGR) last issued its quarterly earnings data 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 return on equity of 3.16% and a net margin of 15.55%.The company had revenue of C$21.78 million during the quarter. Equities research analysts expect that Yangarra Resources will post 0.490566 earnings per share for the current fiscal year.

About Yangarra Resources

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.