Atb Cap Markets Comments on Yangarra Resources Ltd.’s FY2028 Earnings (TSE:YGR)

Yangarra Resources Ltd. (TSE:YGR) – Investment analysts at Atb Cap Markets decreased their FY2028 earnings estimates for Yangarra Resources in a research note issued to investors on Monday, April 22nd. Atb Cap Markets analyst A. Arif now expects that the oil and gas exploration company will post earnings per share of $0.33 for the year, down from their prior estimate of $0.34. Atb Cap Markets has a “Outperform” rating on the stock. The consensus estimate for Yangarra Resources’ current full-year earnings is $0.45 per share.

YGR has been the subject of a number of other research reports. ATB Capital decreased their price objective on shares of Yangarra Resources from C$2.00 to C$1.60 and set a “buy” rating for the company in a research note on Friday, March 8th. National Bankshares cut their target price on shares of Yangarra Resources from C$2.00 to C$1.50 and set a “sector perform” rating for the company in a research report on Friday, March 8th. Finally, Raymond James cut their target price on shares of Yangarra Resources from C$3.00 to C$2.00 and set an “outperform” rating for the company in a research report on Friday, January 19th.

Yangarra Resources Stock Performance

Shares of TSE:YGR opened at C$1.16 on Wednesday. The stock has a market capitalization of C$110.51 million, a price-to-earnings ratio of 2.47 and a beta of 2.39. Yangarra Resources has a 1-year low of C$1.06 and a 1-year high of C$1.98. The company has a debt-to-equity ratio of 23.00, a quick ratio of 0.91 and a current ratio of 0.98. The company has a 50 day moving average price of C$1.15 and a 200 day moving average price of C$1.31.

Yangarra Resources (TSE:YGR) last issued its earnings results on Thursday, March 7th. The oil and gas exploration company reported C$0.12 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.12. The firm had revenue of C$33.65 million during the quarter. Yangarra Resources had a net margin of 30.65% and a return on equity of 9.24%.

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.