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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 cfliesseron May 22, 2024 5:34pm
118 Views
Post# 36052875

RE:RE:YGR April production estimate

RE:RE:YGR April production estimateSee it as an opportunity to buy. 

What matters is production and debt. Shareprice is not important in the short term.

I think of it this way. Debt around $100M less than precovid. Market cap around the same.

How much is $100M relative to current EV?  How about when they hit debt target ($120M less than 2019)

Is the company worth more than back then? 
You do the math.


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