Yangarra Resources Ltd. (TSE:YGR) Expected to Post FY2027 Earnings of $0.32 Per Share

Yangarra Resources Ltd. (TSE:YGR) – Atb Cap Markets lowered their FY2027 earnings per share (EPS) estimates for Yangarra Resources in a research report issued on Wednesday, May 1st. Atb Cap Markets analyst A. Arif now anticipates that the oil and gas exploration company will post earnings of $0.32 per share for the year, down from their previous forecast of $0.33. 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 earnings results on Thursday, March 7th. The oil and gas exploration company reported C$0.12 earnings per share for the quarter, hitting analysts’ consensus estimates of C$0.12. Yangarra Resources had a return on equity of 9.24% and a net margin of 30.65%. The company had revenue of C$33.65 million during the quarter.

Several other analysts have also issued reports on the stock. National Bankshares cut their price target on shares of Yangarra Resources from C$2.00 to C$1.50 and set a “sector perform” rating for the company in a research report on Friday, March 8th. ATB Capital reduced their price target on Yangarra Resources from C$2.00 to C$1.60 and set a “buy” rating on the stock in a research report on Friday, March 8th. Finally, Raymond James decreased their price target on Yangarra Resources from C$3.00 to C$2.00 and set an “outperform” rating on the stock in a research note on Friday, January 19th.

Yangarra Resources Trading Down 0.9 %

Shares of YGR opened at C$1.12 on Monday. Yangarra Resources has a fifty-two week low of C$1.06 and a fifty-two week high of C$1.98. The firm has a market cap of C$106.70 million, a price-to-earnings ratio of 2.38 and a beta of 2.39. The firm has a 50 day moving average price of C$1.16 and a 200-day moving average price of C$1.28. The company has a debt-to-equity ratio of 23.00, a quick ratio of 0.91 and a current ratio of 0.98.

Yangarra Resources Company Profile

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.