Bonterra Resources Inc. (OTCMKTS:BONXF – Get Free Report) was the recipient of a significant increase in short interest in September. As of September 30th, there was short interest totaling 142,592 shares, an increase of 144.0% from the September 15th total of 58,450 shares. Based on an average trading volume of 164,974 shares, the days-to-cover ratio is presently 0.9 days.
Bonterra Resources Trading Up 2.0%
Shares of Bonterra Resources stock opened at $0.09 on Thursday. Bonterra Resources has a 52 week low of $0.08 and a 52 week high of $0.18. The company’s 50-day moving average price is $0.10 and its two-hundred day moving average price is $0.12.
About Bonterra Resources
Bonterra Resources Inc is a Canadian mineral exploration and development company focused on discovering and advancing gold projects in Quebec. The company’s activities include geological mapping, drilling, resource evaluation, permitting and other work intended to assess the commercial potential of its mineral properties.
Bonterra’s principal assets are located in the Urban-Barry Greenstone Belt in the province’s Abitibi region. Its project portfolio includes the Gladiator, Barry and Moroy gold projects, which the company has explored as part of a broader effort to establish a significant gold development opportunity in the area.
Bonterra Resources is an exploration-stage company and is not primarily engaged in the sale of finished products or the operation of producing mines.
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