Bonterra Energy (TSE:BNE) Hits New 52-Week High – Here’s Why

Bonterra Energy Corp. (TSE:BNE) shares hit a new 52-week high during trading on Monday . The stock traded as high as C$7.15 and last traded at C$7.06, with a volume of 54306 shares trading hands. The stock had previously closed at C$6.80.

Bonterra Energy Stock Up 2.8%

The stock has a market cap of C$255.66 million, a price-to-earnings ratio of -14.87 and a beta of 0.01. The stock has a 50 day simple moving average of C$6.06 and a 200 day simple moving average of C$4.83. The company has a quick ratio of 0.21, a current ratio of 0.94 and a debt-to-equity ratio of 33.80.

Bonterra Energy (TSE:BNE) last posted its quarterly earnings results on Friday, March 13th. The company reported C($0.12) earnings per share (EPS) for the quarter. The business 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, analysts expect that Bonterra Energy Corp. will post 0.336726 earnings per share 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.