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

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

Bonterra Resources Stock Performance

The company has a market capitalization of C$48.21 million, a PE ratio of -6.00 and a beta of 1.76. The business’s fifty day moving average is C$0.27 and its two-hundred day moving average is C$0.26. The company has a current ratio of 1.65, a quick ratio of 0.91 and a debt-to-equity ratio of 0.05.

Bonterra Resources (CVE:BTR) last announced its earnings results on Thursday, August 15th. The company reported C($0.02) earnings per share for the quarter.

Insider Activity

In other Bonterra Resources news, Director Cesar Gonzalez acquired 122,500 shares of the business’s stock in a transaction dated Friday, September 27th. The stock was purchased at an average price of C$0.27 per share, with a total value of C$33,075.00. Insiders acquired a total of 305,000 shares of company stock valued at $87,688 in the last 90 days. Company insiders own 2.18% of the company’s stock.

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.