Bonterra Resources (CVE:BTR) Shares Up 2.3% – Should You Buy?

Bonterra Resources Inc. (CVE:BTR) was up 2.3% on Thursday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 213,186 shares traded hands during trading, an increase of 89% from the average daily volume of 113,071 shares. The stock had previously closed at C$0.22.

Bonterra Resources Stock Down 4.5 %

The company has a market cap of C$34.32 million, a P/E ratio of -4.20 and a beta of 1.76. The stock has a 50-day moving average of C$0.23 and a two-hundred day moving average of C$0.25. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.91 and a current ratio of 1.65.

Insiders Place Their Bets

In related news, Director Cesar Gonzalez acquired 137,250 shares of Bonterra Resources stock in a transaction dated Tuesday, November 26th. The shares were purchased at an average cost of C$0.24 per share, with a total value of C$32,253.75. Over the last ninety days, insiders have acquired 207,250 shares of company stock valued at $47,604. 2.18% of the stock is currently owned by corporate insiders.

About Bonterra Resources

Bonterra Resources Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores primarily for gold and silver deposits. The company's primary projects include the Gladiator, Moroy, and Barry deposits. It also owns 100% interest in the Bachelor Mill. Bonterra Resources Inc was incorporated in 2007 and is headquartered in Val-D'or, Canada.