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

Yangarra Resources Ltd. (TSE:YGR) Director Gordon Bowerman bought 25,000 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was acquired 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 purchased 4,888 shares of Yangarra Resources stock. The stock was bought at an average cost of C$1.01 per share, with a total value of C$4,936.88.

Yangarra Resources Price Performance

Shares of YGR opened at C$1.02 on Friday. The company’s 50-day moving average price is C$1.03 and its 200 day moving average price is C$1.06. Yangarra Resources Ltd. has a 12-month low of C$0.91 and a 12-month high of C$1.41. The company has a current ratio of 2.01, a quick ratio of 0.91 and a debt-to-equity ratio of 21.37. The firm has a market cap of C$100.70 million, a P/E ratio of 2.43 and a beta of 2.19.

Yangarra Resources (TSE:YGR) last announced 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). Yangarra Resources had a net margin of 29.17% and a return on equity of 7.90%. The company had revenue of C$26.26 million for the quarter, compared to analyst estimates of C$33.20 million. On average, sell-side analysts forecast that Yangarra Resources Ltd. will post 0.490566 earnings per share for the current year.

Analyst Ratings Changes

Separately, National Bankshares lowered their price objective on 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.