Bonterra Energy (TSE:BNE) Hits New 1-Year Low - Here's What Happened

Shares of Bonterra Energy Corp. (TSE:BNE - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as C$3.00 and last traded at C$3.02, with a volume of 129424 shares traded. The stock had previously closed at C$3.41.

Bonterra Energy Price Performance

The firm has a market cap of C$111.64 million, a price-to-earnings ratio of 4.08 and a beta of 2.66. The company's fifty day moving average is C$3.52 and its 200 day moving average is C$3.56. The company has a quick ratio of 0.21, a current ratio of 0.53 and a debt-to-equity ratio of 29.00.

Insider Transactions at Bonterra Energy

In related news, Director Stacey Elizabeth Mcdonald acquired 8,500 shares of the business's stock in a transaction dated Friday, March 21st. The stock was bought at an average price of C$3.59 per share, with a total value of C$30,481.00. Insiders acquired a total of 15,900 shares of company stock worth $53,285 in the last three months. Insiders own 13.89% of the company's stock.

Bonterra Energy Company Profile

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.