Yangarra Resources Ltd. to Post FY2027 Earnings of $0.32 Per Share, Atb Cap Markets Forecasts (TSE:YGR)

Yangarra Resources Ltd. (TSE:YGR) – Equities research analysts at Atb Cap Markets reduced their FY2027 earnings per share estimates for shares of Yangarra Resources in a research report issued on Wednesday, May 1st. Atb Cap Markets analyst A. Arif now anticipates that the oil and gas exploration company will earn $0.32 per share for the year, down from their previous estimate of $0.33. Atb Cap Markets currently 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 reports. ATB Capital reduced their price target on shares of Yangarra Resources from C$2.00 to C$1.60 and set a “buy” rating for the company in a research report on Friday, March 8th. National Bankshares decreased their target price on 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 price target 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

Shares of Yangarra Resources stock opened at C$1.17 on Monday. The company has a current ratio of 0.98, a quick ratio of 0.91 and a debt-to-equity ratio of 23.00. The company has a fifty day simple moving average of C$1.16 and a 200-day simple moving average of C$1.27. 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. Yangarra Resources has a 12-month low of C$1.06 and a 12-month high of C$1.98.

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