Yangarra Resources (TSE:YGR) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Yangarra Resources Ltd. (TSE:YGRGet Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$1.02 and traded as low as C$0.89. Yangarra Resources shares last traded at C$0.92, with a volume of 9,505 shares.

Yangarra Resources Stock Up 2.2 %

The company has a current ratio of 1.67, a quick ratio of 0.91 and a debt-to-equity ratio of 20.78. The business’s fifty day moving average price is C$0.99 and its two-hundred day moving average price is C$1.02. The firm has a market cap of C$92.63 million, a P/E ratio of 2.66 and a beta of 2.19.

Yangarra Resources Company Profile

(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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