Yangarra Resources (TSE:YGR) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Yangarra Resources Ltd. (TSE:YGRGet Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.03 and traded as high as C$1.03. Yangarra Resources shares last traded at C$1.03, with a volume of 28,000 shares trading hands.

Yangarra Resources Trading Up 2.0 %

The firm has a market cap of C$103.71 million, a P/E ratio of 2.98 and a beta of 2.19. The company has a debt-to-equity ratio of 20.78, a quick ratio of 0.91 and a current ratio of 1.67. The stock has a fifty day simple moving average of C$1.03 and a 200 day simple moving average of C$1.03.

About Yangarra Resources

(Get Free Report)

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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