Bonterra Energy (TSE:BNE) Sets New 1-Year High – Should You Buy?

Bonterra Energy Corp. (TSE:BNE)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$6.79 and last traded at C$6.76, with a volume of 88116 shares changing hands. The stock had previously closed at C$6.51.

Bonterra Energy Stock Up 2.3%

The company has a market cap of C$240.22 million, a P/E ratio of -14.17 and a beta of 0.58. The stock has a 50-day moving average of C$5.30 and a two-hundred day moving average of C$4.34. The company has a debt-to-equity ratio of 33.80, a quick ratio of 0.21 and a current ratio of 0.94.

Bonterra Energy (TSE:BNE) last issued its quarterly earnings results on Thursday, March 12th. The company reported C($0.12) EPS for the quarter. The business had revenue of C$54.24 million for the quarter. Bonterra Energy had a negative net margin of 7.08% and a negative return on equity of 3.24%. On average, research analysts anticipate that Bonterra Energy Corp. will post 0.336726 EPS for the current fiscal year.

About Bonterra Energy

Bonterra Energy Corp is an oil and gas exploration company operating in the Western Canadian Sedimentary Basin. The company develops and produces crude oil, natural gas, and natural gas liquids. Bonterra operates in one industry and has only one reportable segment. Its assets consist of crude oil and natural gas assets.