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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

Post by SHolddon Oct 12, 2024 7:57pm
231 Views
Post# 36264214

YGR share price target

YGR share price targetWhat do you think? 

I believe the company is worth somewhere between $300M and $1.2B based on their FCF from 2022-2024. It seems to range from 30M to 120M and that's a conservative 10x or 10% discount rate. While that is a wide range, it is what it is based on FCF and 55M capex and cash flows the past few years, and moost importantly it's a lot more than the current $220M EV. Share price is worth at least $4.00 probably more in an improved commodity price environment and conservative FCF estimates. 
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