Yangarra Resources Ltd (YGR) Insider Buys C$205,275.00 in Stock

Yangarra Resources Ltd (TSE:YGR) insider Gurdeep Singh Gill purchased 48,300 shares of Yangarra Resources stock in a transaction dated Tuesday, October 16th. The stock was bought at an average cost of C$4.25 per share, for a total transaction of C$205,275.00.

Gurdeep Singh Gill also recently made the following trade(s):

  • On Wednesday, September 5th, Gurdeep Singh Gill purchased 2,000 shares of Yangarra Resources stock. The stock was bought at an average cost of C$4.18 per share, for a total transaction of C$8,360.00.
  • On Thursday, August 30th, Gurdeep Singh Gill purchased 27,400 shares of Yangarra Resources stock. The stock was bought at an average cost of C$4.41 per share, for a total transaction of C$120,834.00.
  • On Wednesday, August 22nd, Gurdeep Singh Gill purchased 5,000 shares of Yangarra Resources stock. The stock was bought at an average cost of C$4.65 per share, for a total transaction of C$23,250.00.
  • On Monday, August 20th, Gurdeep Singh Gill purchased 20,000 shares of Yangarra Resources stock. The stock was bought at an average cost of C$4.50 per share, for a total transaction of C$90,000.00.

Shares of YGR stock opened at C$4.01 on Friday. Yangarra Resources Ltd has a fifty-two week low of C$3.46 and a fifty-two week high of C$6.50.

Yangarra Resources (TSE:YGR) last announced its quarterly earnings data on Wednesday, August 8th. The oil and gas exploration company reported C$0.02 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.08 by C($0.06). The business had revenue of C$29.92 million during the quarter, compared to analyst estimates of C$25.60 million. Yangarra Resources had a net margin of 24.36% and a return on equity of 7.98%.

A number of research firms have recently issued reports on YGR. Industrial Alliance Securities boosted their price target on shares of Yangarra Resources from C$7.75 to C$8.25 in a research note on Thursday, August 9th. Raymond James lifted their price objective on shares of Yangarra Resources from C$8.00 to C$8.25 in a report on Thursday, July 5th. TD Securities lifted their price objective on shares of Yangarra Resources from C$7.00 to C$7.50 and gave the company a “buy” rating in a report on Monday, September 17th. CIBC lifted their price objective on shares of Yangarra Resources from C$7.50 to C$8.25 in a report on Friday, September 14th. Finally, National Bank Financial restated an “outperform” rating and issued a C$8.50 price objective on shares of Yangarra Resources in a report on Tuesday, October 2nd.

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 has oil and gas interests in various sections of land located in Central Alberta and Medicine Hat. Yangarra Resources Ltd. is headquartered in Calgary, Canada.

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Insider Buying and Selling by Quarter for Yangarra Resources (TSE:YGR)

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