Bonterra Energy (TSE:BNE) Reaches New 1-Year High – Here’s What Happened

Bonterra Energy Corp. (TSE:BNE)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$4.75 and last traded at C$4.50, with a volume of 85593 shares traded. The stock had previously closed at C$4.30.

Bonterra Energy Stock Performance

The firm has a market cap of C$161.27 million, a price-to-earnings ratio of -11.18 and a beta of 0.61. The stock has a 50-day moving average of C$3.84 and a 200-day moving average of C$3.68. The company has a debt-to-equity ratio of 29.00, a quick ratio of 0.21 and a current ratio of 0.53.

Bonterra Energy (TSE:BNE) last issued its quarterly earnings results on Thursday, November 13th. The company reported C($0.10) earnings per share for the quarter. Bonterra Energy had a return on equity of 5.12% and a net margin of 10.56%.The business had revenue of C$50.06 million for the quarter. As a group, analysts anticipate 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.