Yangarra Resources (TSE:YGR) PT Lowered to C$2.00 at Laurentian Bank of Canada

Yangarra Resources (TSE:YGR) had its price objective decreased by Laurentian Bank of Canada from C$2.25 to C$2.00 in a research report sent to investors on Wednesday morning, Stock Target Advisor reports.

YGR has been the topic of several other research reports. Cormark dropped their price target on shares of Yangarra Resources from C$2.75 to C$2.25 in a research note on Friday, February 7th. AltaCorp Capital dropped their price target on shares of Yangarra Resources from C$2.10 to C$1.85 in a research note on Friday, February 7th. CIBC dropped their price target on shares of Yangarra Resources from C$3.00 to C$2.00 in a research note on Tuesday, October 15th. Raymond James downgraded shares of Yangarra Resources from a strong-buy rating to an outperform rating and set a C$2.50 price target on the stock. in a research note on Friday, February 7th. Finally, TD Securities dropped their price target on shares of Yangarra Resources from C$3.00 to C$2.50 in a research note on Friday, February 7th.

Yangarra Resources stock opened at C$1.03 on Wednesday. Yangarra Resources has a 12-month low of C$0.96 and a 12-month high of C$3.68. The company has a market capitalization of $87.92 million and a price-to-earnings ratio of 1.78. The company has a debt-to-equity ratio of 66.32, a current ratio of 1.11 and a quick ratio of 0.97. The firm’s fifty day moving average price is C$1.26 and its 200 day moving average price is C$1.35.

Yangarra Resources Company Profile

Yangarra Resources Ltd., a junior oil and gas company, explores for, develops, and produces resource properties in Western Canada. The company holds oil and gas interests in various sections, primarily focusing on Cardium in Central Alberta. Yangarra Resources Ltd. is headquartered in Calgary, Canada.

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