Frederick Lee Morton Sells 7,000 Shares of Yangarra Resources (TSE:YGR) Stock

Yangarra Resources Ltd. (TSE:YGR) Director Frederick Lee Morton sold 7,000 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of C$1.64, for a total transaction of C$11,480.00. Following the sale, the director owned 469,044 shares of the company’s stock, valued at C$769,232.16. This trade represents a 1.47% decrease in their position.

Yangarra Resources Stock Performance

YGR opened at C$1.59 on Thursday. Yangarra Resources Ltd. has a 1-year low of C$0.90 and a 1-year high of C$1.67. The company has a market cap of C$167.90 million, a price-to-earnings ratio of 8.83 and a beta of -0.83. The company’s fifty day moving average price is C$1.45 and its two-hundred day moving average price is C$1.37. The company has a current ratio of 1.56, a quick ratio of 0.91 and a debt-to-equity ratio of 20.90.

Yangarra Resources (TSE:YGR) last issued its quarterly earnings data on Thursday, July 30th. The oil and gas exploration company reported C$0.11 earnings per share (EPS) for the quarter. Yangarra Resources had a net margin of 17.15% and a return on equity of 3.31%. The firm had revenue of C$39.21 million during the quarter. On average, analysts expect that Yangarra Resources Ltd. will post 0.490566 EPS for the current fiscal year.

About Yangarra Resources

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.