Yangarra Resources (TSE:YGR) Hits New 52-Week High – Time to Buy?

Shares of Yangarra Resources Ltd. (TSE:YGRGet Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as C$1.19 and last traded at C$1.17, with a volume of 151210 shares changing hands. The stock had previously closed at C$1.14.

Yangarra Resources Trading Up 2.6%

The company’s 50-day moving average is C$1.08 and its 200 day moving average is C$1.05. The company has a current ratio of 2.00, a quick ratio of 0.91 and a debt-to-equity ratio of 20.63. The firm has a market cap of C$118.49 million, a PE ratio of 6.88 and a beta of 0.29.

Yangarra Resources Company Profile

(Get Free Report)

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.

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