Bonterra Resources (CVE:BTR) Stock Price Up 15.2% – Time to Buy?

Bonterra Resources Inc. (CVE:BTR) shares were up 15.2% during mid-day trading on Tuesday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 283,130 shares were traded during mid-day 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 Stock Performance

The firm has a fifty day moving average price of C$0.18 and a 200 day moving average price of C$0.19. The firm has a market cap of C$36.11 million, a PE ratio of -3.40 and a beta of 1.04.

Bonterra Resources Company Profile

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.