Bonterra Energy (TSE:BNE) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Bonterra Energy Corp. (TSE:BNE) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.79 and traded as high as C$4.81. Bonterra Energy shares last traded at C$4.73, with a volume of 52,589 shares changing hands.

Bonterra Energy Stock Performance

The company has a debt-to-equity ratio of 29.00, a current ratio of 0.53 and a quick ratio of 0.21. The business has a 50-day moving average of C$4.22 and a 200-day moving average of C$3.80. The company has a market capitalization of C$176.88 million, a P/E ratio of -12.25 and a beta of 0.47.

Bonterra Energy (TSE:BNE) last announced its earnings results on Thursday, November 13th. The company reported C($0.10) earnings per share for the quarter. Bonterra Energy had a net margin of 10.56% and a return on equity of 5.12%. The firm had revenue of C$50.06 million during the quarter. On average, sell-side analysts anticipate that Bonterra Energy Corp. will post 0.336726 EPS for the current year.

Bonterra Energy Company Profile

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.