Yangarra Resources Ltd. (TSE:YGR) Director Gordon Bowerman Purchases 25,000 Shares of Stock

Yangarra Resources Ltd. (TSE:YGR) Director Gordon Bowerman acquired 25,000 shares of Yangarra Resources stock in a transaction that occurred on Wednesday, November 27th. The shares were purchased at an average cost of C$1.02 per share, for a total transaction of C$25,500.00.

Gordon Bowerman also recently made the following trade(s):

• On Friday, November 22nd, Gordon Bowerman acquired 4,888 shares of Yangarra Resources stock. The shares were purchased at an average cost of C$1.01 per share, for a total transaction of C$4,936.88.

Yangarra Resources Stock Performance

TSE:YGR opened at C$1.02 on Friday. The company has a quick ratio of 0.91, a current ratio of 2.01 and a debt-to-equity ratio of 21.37. The company has a market cap of C$100.70 million, a P/E ratio of 2.43 and a beta of 2.19. Yangarra Resources Ltd. has a fifty-two week low of C$0.91 and a fifty-two week high of C$1.43. The firm’s 50 day moving average is C$1.03 and its two-hundred day moving average is C$1.07.

Yangarra Resources (TSE:YGR) last posted its quarterly earnings results on Wednesday, October 30th. The oil and gas exploration company reported C$0.04 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.04). The company had revenue of C$26.26 million for the quarter, compared to analysts’ expectations of C$33.20 million. Yangarra Resources had a return on equity of 7.90% and a net margin of 29.17%. Analysts expect that Yangarra Resources Ltd. will post 0.490566 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, National Bankshares reduced their price objective on shares of Yangarra Resources from C$1.50 to C$1.25 in a research note on Friday, September 27th.

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.