Yangarra Resources (TSE:YGR) Director Frederick Lee Morton Sells 7,000 Shares

Yangarra Resources Ltd. (TSE:YGR) Director Frederick Lee Morton sold 7,000 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of C$1.64, for a total transaction of C$11,480.00. Following the completion of the sale, the director directly owned 469,044 shares of the company’s stock, valued at C$769,232.16. This represents a 1.47% decrease in their position.

Yangarra Resources Stock Up 0.6%

Shares of YGR opened at C$1.65 on Wednesday. Yangarra Resources Ltd. has a 12 month low of C$0.90 and a 12 month high of C$1.67. The firm’s 50 day moving average is C$1.45 and its 200-day moving average is C$1.36. The stock has a market capitalization of C$174.23 million, a PE ratio of 9.17 and a beta of -0.83. The company has a current ratio of 1.56, a quick ratio of 0.91 and a debt-to-equity ratio of 20.90.

Yangarra Resources (TSE:YGR) last issued its quarterly earnings results on Thursday, July 30th. The oil and gas exploration company reported C$0.11 earnings per share (EPS) for the quarter. The business had revenue of C$39.21 million during the quarter. Yangarra Resources had a return on equity of 3.31% and a net margin of 17.15%. Equities research analysts forecast that Yangarra Resources Ltd. will post 0.490566 EPS for the current year.

About Yangarra Resources

Yangarra Resources Ltd is a junior oil and gas company which is engaged in the exploration, development, and production of natural gas and oil with operations in Western Canada. The company has its operations in Central Alberta. It generates its revenue from the sale of crude oil and natural gas products.