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Bonterra Energy (OTCMKTS:BNEFF) Trading Down 3% - Here's Why

Bonterra Energy logo with Oils/Energy background

Bonterra Energy Corp. (OTCMKTS:BNEFF - Get Free Report) dropped 3% on Wednesday . The company traded as low as $2.52 and last traded at $2.52. Approximately 11,700 shares were traded during trading, an increase of 23% from the average daily volume of 9,475 shares. The stock had previously closed at $2.60.

Bonterra Energy Trading Up 2.7 %

The company has a market cap of $96.68 million, a price-to-earnings ratio of 4.80 and a beta of 1.90. The firm has a 50-day moving average price of $2.50 and a 200 day moving average price of $2.70. The company has a current ratio of 0.53, a quick ratio of 0.52 and a debt-to-equity ratio of 0.25.

Bonterra Energy Company Profile

(Get Free Report)

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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