Bonterra Energy Corp. (TSE:BNE – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$3.65 and traded as high as C$3.69. Bonterra Energy shares last traded at C$3.53, with a volume of 8,900 shares.
Bonterra Energy Stock Down 1.1 %
The firm’s 50 day moving average is C$3.67 and its two-hundred day moving average is C$3.65. The firm has a market cap of C$132.07 million, a P/E ratio of 4.82 and a beta of 2.66. The company has a current ratio of 0.53, a quick ratio of 0.21 and a debt-to-equity ratio of 29.00.
Insiders Place Their Bets
In related news, Director Stacey Elizabeth Mcdonald bought 10,000 shares of the company’s stock in a transaction on Wednesday, December 18th. The shares were purchased at an average cost of C$3.26 per share, for a total transaction of C$32,600.00. Corporate insiders own 13.89% of the company’s stock.
About Bonterra Energy
Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.
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