Yangarra Resources Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CAD 49.02 million compared to CAD 51.44 million a year ago. Net income was CAD 14.91 million compared to CAD 22.72 million a year ago.

Basic earnings per share from continuing operations was CAD 0.17 compared to CAD 0.26 a year ago. Diluted earnings per share from continuing operations was CAD 0.16 compared to CAD 0.25 a year ago.