On March 8, an analyst has provided a rating update for Yangarra Resources (YGR). On March 8, analyst Scott Reid gave a Hold rating to YGR and set a C$4.25 price target.
Currently, the analyst consensus on Yangarra Resources is a Strong Buy with an average price target of C$6.17.
Yangarra Resources’ market cap is currently C$239M and has a P/E ratio of 7.1. The company has a Price to Book ratio of 0.94.
Yangarra Resources Ltd. is a junior oil and gas company. It engages in the exploration, development, and production of oil and natural gas. The company was founded in 1985 and is headquartered in Calgary, Canada.
The company’s shares closed on Wednesday at C$2.88, close to its 52-week low of C$2.17.
