Yorbeau Resources (TSE:YRB) Posts Quarterly Earnings Results

Yorbeau Resources (TSE:YRB) posted its quarterly earnings results on Friday. The company reported C$0.01 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$0.09 million for the quarter.

Yorbeau Resources Stock Performance

Shares of YRB traded down C$0.01 during midday trading on Friday, reaching C$0.06. The stock had a trading volume of 295,030 shares, compared to its average volume of 145,413. The firm has a market cap of C$26.15 million, a PE ratio of 1.71 and a beta of 0.08. The firm has a 50 day simple moving average of C$0.06 and a 200-day simple moving average of C$0.06. Yorbeau Resources has a one year low of C$0.04 and a one year high of C$0.08. The company has a current ratio of 0.14, a quick ratio of 2.58 and a debt-to-equity ratio of 3.86.

About Yorbeau Resources

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 Québec, Canada ,” available on the Company’s SEDAR+ profile at www.sedarplus.ca ).