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 per share (EPS) estimates for Yangarra Resources in a report issued on Monday, April 22nd. Atb Cap Markets analyst A. Arif now anticipates that the oil and gas exploration company will earn $0.33 per share for the year, down from their prior forecast 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.

A number of other brokerages have also issued reports on YGR. National Bankshares decreased their target price on Yangarra Resources from C$2.00 to C$1.50 and set a “sector perform” rating on the stock in a research report on Friday, March 8th. ATB Capital decreased their target price on Yangarra Resources from C$2.00 to C$1.60 and set a “buy” rating on the stock in a research report on Friday, March 8th. Finally, Raymond James decreased their target price on Yangarra Resources from C$3.00 to C$2.00 and set an “outperform” rating on the stock in a research report on Friday, January 19th.

Yangarra Resources Stock Performance

Yangarra Resources stock opened at C$1.16 on Wednesday. The company has a current ratio of 0.98, a quick ratio of 0.91 and a debt-to-equity ratio of 23.00. Yangarra Resources has a 12 month low of C$1.06 and a 12 month high of C$1.98. The stock’s 50 day simple moving average is C$1.15 and its two-hundred day simple moving average is C$1.31. The firm has a market cap of C$110.51 million, a PE ratio of 2.47 and a beta of 2.39.

Yangarra Resources (TSE:YGR) last released its quarterly earnings data on Thursday, March 7th. The oil and gas exploration company reported C$0.12 EPS for the quarter, hitting the consensus estimate of C$0.12. Yangarra Resources had a return on equity of 9.24% and a net margin of 30.65%. The business had revenue of C$33.65 million for the quarter.

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.