Bonterra Resources (CVE:BTR) Trading Up 2.3% – What’s Next?

Bonterra Resources Inc. (CVE:BTR)’s stock price rose 2.3% during mid-day trading on Thursday . The stock traded as high as C$0.22 and last traded at C$0.22. Approximately 213,186 shares were traded 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 Price Performance

The firm has a market cap of C$34.32 million, a P/E ratio of -4.20 and a beta of 1.76. The company has a fifty day moving average of C$0.23 and a 200-day moving average of C$0.25. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.65 and a quick ratio of 0.91.

Insider Transactions at Bonterra Resources

In other Bonterra Resources news, Director Cesar Gonzalez bought 137,250 shares of the business’s stock in a transaction dated Tuesday, November 26th. The shares were purchased at an average price of C$0.24 per share, for a total transaction of C$32,253.75. Insiders bought a total of 207,250 shares of company stock worth $47,604 in the last quarter. 2.18% of the stock is currently owned by corporate 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.