Bonterra Energy (OTCMKTS:BNEFF) Shares Up 2.8% – Still a Buy?

Bonterra Energy Corp. (OTCMKTS:BNEFF) rose 2.8% on Thursday . The stock traded as high as $4.23 and last traded at $4.1620. Approximately 50,141 shares traded hands during mid-day trading, an increase of 151% from the average daily volume of 19,947 shares. The stock had previously closed at $4.05.

Bonterra Energy Stock Up 2.8%

The company has a debt-to-equity ratio of 0.36, a current ratio of 0.56 and a quick ratio of 0.55. The stock has a market capitalization of $152.29 million, a P/E ratio of -8.67 and a beta of 0.70. The firm has a 50 day moving average of $4.35 and a 200-day moving average of $4.25.

Bonterra Energy (OTCMKTS:BNEFF) last announced its quarterly earnings data on Thursday, May 14th. The company reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.25). Bonterra Energy had a negative return on equity of 4.64% and a negative net margin of 10.40%.The firm had revenue of $48.49 million during the quarter, compared to the consensus estimate of $45.36 million.

Bonterra Energy Company Profile

Bonterra Energy Corp is a Canadian oil and gas exploration and production company focused on the development, production and marketing of crude oil, natural gas and natural gas liquids. Headquartered in Calgary, Alberta, the company’s core activities include drilling, well completions and field operations designed to optimize recovery across its asset base. Bonterra’s integrated approach encompasses everything from reservoir evaluation and land acquisition to production infrastructure and product sales, allowing the company to capture value throughout the commodity price cycle.

Bonterra’s operations are concentrated in the Western Canadian Sedimentary Basin, with a particular emphasis on Montney formation assets in northeast British Columbia.