Yangarra Resources (TSE:YGR) Releases Earnings Results

Yangarra Resources (TSE:YGR) posted its quarterly earnings results on Thursday. The oil and gas exploration company reported C$0.11 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$39.21 million for the quarter. Yangarra Resources had a net margin of 13.70% and a return on equity of 2.46%.

Yangarra Resources Price Performance

YGR stock traded down C$0.02 during mid-day trading on Thursday, reaching C$1.31. The company’s stock had a trading volume of 282,273 shares, compared to its average volume of 174,324. The stock has a market cap of C$138.33 million, a PE ratio of 10.08 and a beta of -0.78. The company has a current ratio of 1.47, a quick ratio of 0.91 and a debt-to-equity ratio of 21.51. Yangarra Resources has a fifty-two week low of C$0.90 and a fifty-two week high of C$1.54. The company’s 50 day moving average is C$1.29 and its two-hundred day moving average is C$1.26.

Yangarra Resources Company Profile

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.