Bonterra Resources (CVE:BTR) Stock Price Down 7.7% – Here’s What Happened

Shares of Bonterra Resources Inc. (CVE:BTRGet Free Report) dropped 7.7% on Friday . The company traded as low as C$0.18 and last traded at C$0.18. Approximately 97,530 shares changed hands during mid-day trading, a decline of 41% from the average daily volume of 164,893 shares. The stock had previously closed at C$0.20.

Bonterra Resources Stock Down 10.3%

The company has a debt-to-equity ratio of -112.51, a current ratio of 0.35 and a quick ratio of 0.91. The stock has a fifty day moving average price of C$0.18 and a two-hundred day moving average price of C$0.18. The company has a market cap of C$37.17 million, a P/E ratio of -3.50 and a beta of 0.96.

About Bonterra Resources

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Bonterra Resources Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores primarily for gold and silver deposits. The company's primary projects include the Gladiator, Moroy, and Barry deposits. It also owns 100% interest in the Bachelor Mill. Bonterra Resources Inc was incorporated in 2007 and is headquartered in Val-D'or, Canada.

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