Bonterra Resources (CVE:BTR) Trading 15.2% Higher – Time to Buy?

Bonterra Resources Inc. (CVE:BTR)’s share price was up 15.2% during mid-day trading on Tuesday . The stock traded as high as C$0.19 and last traded at C$0.19. Approximately 283,130 shares were traded during trading, an increase of 40% from the average daily volume of 202,423 shares. The stock had previously closed at C$0.17.

Bonterra Resources Price Performance

The stock has a market cap of C$36.11 million, a price-to-earnings ratio of -3.40 and a beta of 1.04. The business’s 50 day moving average is C$0.19 and its 200 day moving average is C$0.19.

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.