Insider Buying: Yangarra Resources Ltd. (TSE:YGR) Director Buys 11,800 Shares of Stock

Yangarra Resources Ltd. (TSE:YGR) Director Penelope Payne bought 11,800 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average price of C$0.96 per share, for a total transaction of C$11,328.00.

Yangarra Resources Stock Down 1.0 %

YGR traded down C$0.01 on Wednesday, reaching C$0.95. The company’s stock had a trading volume of 53,090 shares, compared to its average volume of 72,373. The company has a market capitalization of C$93.79 million, a price-to-earnings ratio of 2.26 and a beta of 2.19. Yangarra Resources Ltd. has a fifty-two week low of C$0.91 and a fifty-two week high of C$1.34. The company has a quick ratio of 0.91, a current ratio of 2.01 and a debt-to-equity ratio of 21.37. The stock has a 50 day moving average of C$1.02 and a two-hundred day moving average of C$1.05.

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

Analyst Upgrades and Downgrades

Separately, National Bankshares lowered their target price on shares of 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.