Gordon Bowerman Purchases 25,000 Shares of Yangarra Resources Ltd. (TSE:YGR) Stock

Yangarra Resources Ltd. (TSE:YGR) Director Gordon Bowerman purchased 25,000 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were acquired at an average price of C$1.02 per share, for a total transaction of C$25,500.00.

Gordon Bowerman also recently made the following trade(s):

• On Friday, November 22nd, Gordon Bowerman bought 4,888 shares of Yangarra Resources stock. The stock was bought at an average price of C$1.01 per share, with a total value of C$4,936.88.

Yangarra Resources Stock Performance

TSE YGR traded up C$0.03 during trading hours on Thursday, reaching C$1.02. The stock had a trading volume of 24,900 shares, compared to its average volume of 71,151. Yangarra Resources Ltd. has a 52-week low of C$0.91 and a 52-week high of C$1.43. The stock has a fifty day moving average of C$1.03 and a 200 day moving average of C$1.07. The company has a debt-to-equity ratio of 21.37, a quick ratio of 0.91 and a current ratio of 2.01. The stock has a market cap of C$100.70 million, a P/E ratio of 2.36 and a beta of 2.19.

Yangarra Resources (TSE:YGR) last released its quarterly earnings data on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 EPS for the quarter, missing the consensus estimate 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 business had revenue of C$26.26 million during the quarter, compared to analysts’ expectations of C$33.20 million. Sell-side analysts predict that Yangarra Resources Ltd. will post 0.490566 earnings per share for the current year.

Analyst Ratings Changes

Separately, National Bankshares decreased their price target on shares of Yangarra Resources from C$1.50 to C$1.25 in a report 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.