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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.


TSX:YGR - Post by User

Comment by Hendrick3on Mar 16, 2023 6:40pm
157 Views
Post# 35343807

RE:Dark Days

RE:Dark DaysI bought more today. It is perverse that ATH has 8 cents per share FFO while YGR has 45 cents per share. That sort of relative value gap cannot sustain because ultimately it attracts a takeover and the gap closes. The share price right now is largely sentiment and momentum. When that changes, it should do very well. It's trading at less than 1 year's ebitda so staying low is just not sustainable for the medium to long term. Patience is key
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