Bonterra Energy (TSE:BNE) Sets New 12-Month High – Here’s What Happened

Bonterra Energy Corp. (TSE:BNE) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as C$6.55 and last traded at C$6.53, with a volume of 72011 shares trading hands. The stock had previously closed at C$6.44.

Bonterra Energy Price Performance

The company has a debt-to-equity ratio of 33.80, a current ratio of 0.94 and a quick ratio of 0.21. The firm has a market cap of C$233.55 million, a price-to-earnings ratio of -13.77 and a beta of 0.58. The business’s 50-day moving average price is C$5.22 and its two-hundred day moving average price is C$4.28.

Bonterra Energy (TSE:BNE) last announced its earnings results on Thursday, March 12th. The company reported C($0.12) earnings per share 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 forecast 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.