Yangarra Resources (OTCMKTS:YGRAF) Shares Down 3.7% – Time to Sell?

Yangarra Resources Ltd. (OTCMKTS:YGRAFGet Free Report)’s share price dropped 3.7% during trading on Tuesday . The stock traded as low as $0.62 and last traded at $0.63. Approximately 108,000 shares traded hands during mid-day trading, an increase of 307% from the average daily volume of 26,551 shares. The stock had previously closed at $0.65.

Yangarra Resources Price Performance

The stock’s fifty day simple moving average is $0.68 and its two-hundred day simple moving average is $0.71.

About Yangarra Resources

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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.

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