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

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

Yangarra Resources Price Performance

YGR opened at C$0.93 on Friday. The company has a current ratio of 2.01, a quick ratio of 0.91 and a debt-to-equity ratio of 21.37. Yangarra Resources Ltd. has a 1 year low of C$0.90 and a 1 year high of C$1.34. The stock has a fifty day moving average price of C$1.01 and a 200 day moving average price of C$1.05. The stock has a market cap of C$91.82 million, a price-to-earnings ratio of 2.21 and a beta of 2.19.

Yangarra Resources (TSE:YGR) last announced its quarterly earnings results on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 earnings per share (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 firm had revenue of C$26.26 million for the quarter, compared to analyst estimates of C$33.20 million. Analysts forecast that Yangarra Resources Ltd. will post 0.490566 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, National Bankshares lowered their price objective on shares of Yangarra Resources from C$1.50 to C$1.25 in a research 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.