Bonterra Resources (CVE:BTR) Rating Increased to Moderate Buy at Cormark

Cormark upgraded shares of Bonterra Resources (CVE:BTR) to a moderate buy rating in a research report report published on Thursday morning,Zacks.com reports.

Bonterra Resources Stock Performance

Shares of BTR opened at C$0.23 on Thursday. The stock has a 50 day simple moving average of C$0.22 and a 200 day simple moving average of C$0.24. Bonterra Resources has a 52-week low of C$0.19 and a 52-week high of C$0.34. The firm has a market capitalization of C$37.55 million, a PE ratio of -3.33 and a beta of 1.76.

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.