Yangarra Resources Ltd (YGR) Price Target Increased to C$5.50 by Analysts at Raymond James Financial, Inc.

Yangarra Resources Ltd (TSE:YGR) had its target price lifted by Raymond James Financial, Inc. from C$5.00 to C$5.50 in a research report sent to investors on Friday. Raymond James Financial, Inc. currently has an outperform rating on the oil and gas exploration company’s stock.

Shares of Yangarra Resources (YGR) traded down C$0.01 during midday trading on Friday, reaching C$4.04. 494,300 shares of the company were exchanged.

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In related news, Director James Grant Evaskevich purchased 20,000 shares of the firm’s stock in a transaction on Friday, September 15th. The shares were bought at an average price of C$3.40 per share, for a total transaction of C$68,000.00. In the last quarter, insiders acquired 26,000 shares of company stock worth $90,384.

Yangarra Resources Company Profile

Yangarra Resources Ltd., a junior oil and gas company, explores, develops, and produces resource properties in Western Canada. It 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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