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

Yangarra Resources Ltd. (TSE:YGRGet Free Report) passed 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.

Yangarra Resources Price Performance

The company has a quick ratio of 0.91, a current ratio of 1.47 and a debt-to-equity ratio of 21.51. The firm has a fifty day moving average price of C$1.30 and a two-hundred day moving average price of C$1.25. The stock has a market capitalization of C$140.44 million, a P/E ratio of 10.23 and a beta of -0.78.

Yangarra Resources (TSE:YGRGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The oil and gas exploration company reported C$0.04 earnings per share (EPS) for the quarter. Yangarra Resources had a net margin of 13.70% and a return on equity of 2.46%. The company had revenue of C$28.53 million for the quarter. On average, analysts expect that Yangarra Resources Ltd. will post 0.490566 EPS for the current year.

About Yangarra Resources

(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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