Shares of Yangarra Resources Ltd. (TSE:YGR – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.10 and traded as low as C$1.04. Yangarra Resources shares last traded at C$1.04, with a volume of 7,800 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, National Bankshares dropped their target price on shares of Yangarra Resources from C$1.50 to C$1.25 in a report on Friday, September 27th.
Check Out Our Latest Research Report on Yangarra Resources
Yangarra Resources Trading Down 1.0 %
Yangarra Resources (TSE:YGR – Get Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The oil and gas exploration company reported C$0.09 earnings per share for the quarter, meeting the consensus estimate of C$0.09. Yangarra Resources had a net margin of 29.17% and a return on equity of 7.90%. The firm had revenue of C$35.72 million for the quarter, compared to analyst estimates of C$36.50 million. Equities analysts anticipate that Yangarra Resources Ltd. will post 0.504717 earnings per share for the current year.
About Yangarra Resources
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.
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