Bonterra Energy (TSE:BNE) Trading 3.6% Higher – What’s Next?

Bonterra Energy Corp. (TSE:BNE)’s stock price traded up 3.6% on Wednesday . The stock traded as high as C$3.14 and last traded at C$3.14. 1,900 shares changed hands during mid-day 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 Up 4.0 %

The stock has a market capitalization of C$119.21 million, a price-to-earnings ratio of 4.35 and a beta of 2.66. The company has a quick ratio of 0.21, a current ratio of 0.53 and a debt-to-equity ratio of 29.00. The business’s 50-day moving average is C$3.46 and its two-hundred day moving average is C$3.53.

Insider Transactions at Bonterra Energy

In other news, Director Stacey Elizabeth Mcdonald acquired 8,500 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was purchased at an average price of C$3.59 per share, with a total value of C$30,481.00. Insiders have purchased a total of 15,920 shares of company stock worth $53,340 in the last ninety days. 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.