Atb Cap Markets Equities Analysts Decrease Earnings Estimates for Yangarra Resources Ltd. (TSE:YGR)

Yangarra Resources Ltd. (TSE:YGR) – Equities researchers at Atb Cap Markets dropped their FY2028 earnings per share (EPS) estimates for shares of Yangarra Resources in a report released on Monday, April 22nd. Atb Cap Markets analyst A. Arif now expects that the oil and gas exploration company will post earnings per share of $0.33 for the year, down from their prior forecast of $0.34. 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 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.12. The business had revenue of C$33.65 million during the quarter. Yangarra Resources had a return on equity of 9.24% and a net margin of 30.65%.

A number of other equities analysts have also weighed in on YGR. National Bankshares reduced their price objective on Yangarra Resources from C$2.00 to C$1.50 and set a “sector perform” rating for the company in a research note on Friday, March 8th. ATB Capital reduced their price objective on Yangarra Resources from C$2.00 to C$1.60 and set a “buy” rating for the company in a research note on Friday, March 8th. Finally, Raymond James reduced their price objective on Yangarra Resources from C$3.00 to C$2.00 and set an “outperform” rating for the company in a research note on Friday, January 19th.

Yangarra Resources Stock Performance

TSE YGR opened at C$1.20 on Wednesday. The stock has a 50-day simple moving average of C$1.15 and a two-hundred day simple moving average of C$1.31. The firm has a market capitalization of C$114.32 million, a P/E ratio of 2.55 and a beta of 2.39. Yangarra Resources has a fifty-two week low of C$1.06 and a fifty-two week high of C$1.98. The company has a debt-to-equity ratio of 23.00, a quick ratio of 0.91 and a current ratio of 0.98.

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.