Bonterra Resources (CVE:BTR) Trading Up 3.7% – Here’s Why

Bonterra Resources Inc. (CVE:BTR) shares traded up 3.7% during mid-day trading on Monday . The company traded as high as C$0.29 and last traded at C$0.28. 78,404 shares changed hands during trading, a decline of 46% from the average session volume of 144,903 shares. The stock had previously closed at C$0.27.

Bonterra Resources Price Performance

The company has a current ratio of 1.65, a quick ratio of 0.91 and a debt-to-equity ratio of 0.05. The firm has a market cap of C$45.76 million, a PE ratio of -5.60 and a beta of 1.76. The business has a fifty day moving average of C$0.27 and a 200-day moving average of C$0.26.

Bonterra Resources (CVE:BTR) last issued its quarterly earnings data on Thursday, August 15th. The company reported C($0.02) EPS for the quarter.

Insider Transactions at Bonterra Resources

In other Bonterra Resources news, Director Cesar Gonzalez purchased 122,500 shares of the company’s stock in a transaction dated Friday, September 27th. The stock was purchased at an average price of C$0.27 per share, for a total transaction of C$33,075.00. Over the last quarter, insiders have bought 305,000 shares of company stock valued at $87,688. 2.18% of the stock is currently owned by company insiders.

Bonterra Resources Company Profile

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.