Bonterra Resources (CVE:BTR) Sets New 52-Week Low – Here’s What Happened

Shares of Bonterra Resources Inc. (CVE:BTRGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.16 and last traded at C$0.16, with a volume of 24000 shares traded. The stock had previously closed at C$0.17.

Bonterra Resources Price Performance

The company has a market cap of C$35.09 million, a P/E ratio of -3.30 and a beta of 0.93. The stock’s 50-day moving average price is C$0.18 and its 200-day moving average price is C$0.18. The company has a current ratio of 0.35, a quick ratio of 0.91 and a debt-to-equity ratio of -112.51.

About Bonterra Resources

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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.

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