Penelope Payne Buys 11,800 Shares of Yangarra Resources Ltd. (TSE:YGR) Stock

Yangarra Resources Ltd. (TSE:YGR) Director Penelope Payne acquired 11,800 shares of the company’s stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of C$0.96 per share, for a total transaction of C$11,328.00.

Yangarra Resources Stock Performance

YGR opened at C$0.94 on Friday. The company has a quick ratio of 0.91, a current ratio of 2.01 and a debt-to-equity ratio of 21.37. Yangarra Resources Ltd. has a twelve month low of C$0.91 and a twelve month high of C$1.34. The stock has a market capitalization of C$92.81 million, a price-to-earnings ratio of 2.24 and a beta of 2.19. The company has a 50-day simple moving average of C$1.01 and a 200 day simple moving average of C$1.05.

Yangarra Resources (TSE:YGR) last announced its quarterly earnings data on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.04). Yangarra Resources had a net margin of 29.17% and a return on equity of 7.90%. The firm had revenue of C$26.26 million during the quarter, compared to the consensus estimate of C$33.20 million. Analysts predict that Yangarra Resources Ltd. will post 0.490566 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, National Bankshares reduced their price target on Yangarra Resources from C$1.50 to C$1.25 in a research note on Friday, September 27th.

Yangarra Resources Company Profile

Yangarra Resources Ltd., a junior oil and gas company, engages in the exploration, development, and production of oil and natural gas properties in Western Canada. The company focuses on the Cardium in Central Alberta. It also focuses on the Western Canadian Sedimentary basin. The company is headquartered in Calgary, Canada.