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

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

Bonterra Energy Stock Up 2.3%

The stock has a 50 day moving average price of C$5.30 and a 200-day moving average price of C$4.34. The stock has a market capitalization of C$240.22 million, a P/E ratio of -14.17 and a beta of 0.58. The company has a debt-to-equity ratio of 33.80, a current ratio of 0.94 and a quick ratio of 0.21.

Bonterra Energy (TSE:BNE) last released its earnings results on Thursday, March 12th. The company reported C($0.12) earnings per share for the quarter. The company had revenue of C$54.24 million during the quarter. Bonterra Energy had a negative net margin of 7.08% and a negative return on equity of 3.24%. As a group, research analysts expect 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.