Penelope Payne Acquires 15,100 Shares of Yangarra Resources Ltd. (TSE:YGR) Stock

Yangarra Resources Ltd. (TSE:YGR) Director Penelope Payne acquired 15,100 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The shares were acquired at an average cost of C$1.47 per share, for a total transaction of C$22,197.00.

Yangarra Resources Stock Performance

Shares of TSE:YGR opened at C$1.48 on Friday. The stock has a market capitalization of C$140.30 million, a price-to-earnings ratio of 1.35 and a beta of 2.50. The company has a debt-to-equity ratio of 24.81, a quick ratio of 0.91 and a current ratio of 0.99. The stock’s 50-day simple moving average is C$1.74 and its two-hundred day simple moving average is C$1.75. Yangarra Resources Ltd. has a 52-week low of C$1.44 and a 52-week high of C$3.00.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. ATB Capital dropped their price objective on Yangarra Resources from C$3.00 to C$2.75 and set an “outperform” rating on the stock in a research report on Tuesday, October 10th. Raymond James increased their price objective on Yangarra Resources from C$2.75 to C$3.00 in a research report on Friday, September 8th.

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.