Yangarra Resources Ltd. (TSE:YGR) Expected to Post FY2027 Earnings of $0.32 Per Share

Yangarra Resources Ltd. (TSE:YGR) – Stock analysts at Atb Cap Markets dropped their FY2027 earnings per share (EPS) estimates for shares of Yangarra Resources in a research report issued to clients and investors on Wednesday, May 1st. Atb Cap Markets analyst A. Arif now expects that the oil and gas exploration company will post earnings of $0.32 per share for the year, down from their previous forecast of $0.33. 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.

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 analysts’ consensus estimates of C$0.12. The company had revenue of C$33.65 million for the quarter. Yangarra Resources had a return on equity of 9.24% and a net margin of 30.65%.

Other equities analysts have also issued reports about the company. ATB Capital reduced their price target 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. Raymond James reduced their target price on shares of 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. Finally, National Bankshares dropped their price target on shares of Yangarra Resources from C$2.00 to C$1.50 and set a “sector perform” rating on the stock in a research note on Friday, March 8th.

Yangarra Resources Price Performance

Shares of Yangarra Resources stock opened at C$1.17 on Monday. The company has a fifty day moving average price of C$1.16 and a 200 day moving average price of C$1.27. 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 twelve month low of C$1.06 and a twelve month high of C$1.98. The stock has a market cap of C$111.47 million, a price-to-earnings ratio of 2.49 and a beta of 2.39.

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.