Yangarra Resources (TSE:YGR) Shares Pass Above 50-Day Moving Average – Should You Sell?

Shares of Yangarra Resources Ltd. (TSE:YGRGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.03 and traded as high as C$1.03. Yangarra Resources shares last traded at C$1.03, with a volume of 28,000 shares trading hands.

Yangarra Resources Stock Performance

The company has a current ratio of 1.67, a quick ratio of 0.91 and a debt-to-equity ratio of 20.78. The stock has a market cap of C$103.71 million, a PE ratio of 2.98 and a beta of 2.19. The business’s 50-day moving average price is C$1.03 and its 200-day moving average price is C$1.03.

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.

Further Reading

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