Yorbeau Resources (TSE:YRB) Posts Quarterly Earnings Results

Yorbeau Resources (TSE:YRB) issued its earnings results on Friday. The company reported C($0.01) earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$0.07 million for the quarter.

Yorbeau Resources Stock Performance

TSE:YRB traded up C$0.01 during mid-day trading on Friday, reaching C$0.05. The stock had a trading volume of 6,100 shares, compared to its average volume of 169,558. The company has a debt-to-equity ratio of 3.86, a quick ratio of 2.58 and a current ratio of 0.14. The firm has a market capitalization of C$23.77 million, a price-to-earnings ratio of 1.71 and a beta of 0.84. Yorbeau Resources has a twelve month low of C$0.04 and a twelve month high of C$0.08. The business has a 50 day simple moving average of C$0.05 and a 200 day simple moving average of C$0.06.

Yorbeau Resources Company Profile

Yorbeau Resources is a Canadian public company (TSX: YRB) involved in gold and base metal exploration in Quebec, Canada. The Company’s focus is on seeking a partner to further explore and develop its Scott Lake zinc copper deposit near Chibougamau Quebec (refer to Yorbeau’s National Instrument 43-101 compliant technical report dated December 6, 2017, titled ‘Technical Report on the Preliminary Economic Assessment for the Scott Lake Project, Northwestern Quebec, Canada,’ available on the Company’s SEDAR+ profile at www.sedarplus.ca). Yorbeau also intends to focus on continuing exploration on its well-located properties in the Detour, Joutel and Selbaie region of north western Quebec.