Bonterra Energy (TSE:BNE) Stock Price Up 3.6% - Here's Why

Bonterra Energy Corp. (TSE:BNE - Get Free Report) shot up 3.6% on Wednesday . The company traded as high as C$3.14 and last traded at C$3.14. 1,900 shares changed hands during trading, a decline of 96% from the average session volume of 46,807 shares. The stock had previously closed at C$3.03.

Bonterra Energy Stock Performance

The business has a 50-day moving average of C$3.43 and a two-hundred day moving average of C$3.52. 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 company has a market cap of C$119.96 million, a P/E ratio of 4.38 and a beta of 2.66.

Insider Activity

In other Bonterra Energy news, Director Stacey Elizabeth Mcdonald purchased 8,500 shares of Bonterra Energy stock in a transaction dated Friday, March 21st. The shares were acquired at an average cost of C$3.59 per share, with a total value of C$30,481.00. In the last ninety days, insiders have bought 15,920 shares of company stock worth $53,340. Corporate 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.