Bonterra Energy Corp. (TSE:BNE - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$3.76 and traded as high as C$3.76. Bonterra Energy shares last traded at C$3.68, with a volume of 30,820 shares trading hands.
Analysts Set New Price Targets
Separately, Atb Cap Markets upgraded Bonterra Energy to a "strong-buy" rating in a research report on Tuesday, November 5th.
Get Our Latest Research Report on Bonterra Energy
Bonterra Energy Stock Performance
The company has a debt-to-equity ratio of 29.00, a current ratio of 0.53 and a quick ratio of 0.21. The stock has a 50-day simple moving average of C$3.63 and a 200-day simple moving average of C$3.75. The stock has a market cap of C$143.80 million, a P/E ratio of 5.25 and a beta of 2.66.
Insider Buying and Selling at Bonterra Energy
In other news, Director Stacey Elizabeth Mcdonald purchased 10,000 shares of Bonterra Energy stock in a transaction dated Wednesday, December 18th. The shares were bought at an average cost of C$3.26 per share, for a total transaction of C$32,600.00. Company insiders own 13.89% of the company's stock.
About Bonterra Energy
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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.
Further Reading
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