Bonterra Energy (OTCMKTS:BNEFF) Shares Down 2.5% – Should You Sell?

Shares of Bonterra Energy Corp. (OTCMKTS:BNEFF) traded down 2.5% on Friday . The stock traded as low as $3.40 and last traded at $3.40. 10,789 shares traded hands during trading, a decline of 47% from the average session volume of 20,489 shares. The stock had previously closed at $3.4860.

Bonterra Energy Stock Down 2.5%

The stock has a market cap of $124.36 million, a P/E ratio of -12.14 and a beta of 0.86. The company has a quick ratio of 0.73, a current ratio of 0.75 and a debt-to-equity ratio of 0.30. The company has a 50-day simple moving average of $2.97 and a two-hundred day simple moving average of $2.72.

Bonterra Energy (OTCMKTS:BNEFF) last posted its quarterly earnings results on Thursday, November 13th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.06). The firm had revenue of $39.61 million for the quarter, compared to the consensus estimate of $59.50 million. Bonterra Energy had a negative net margin of 6.17% and a negative return on equity of 2.72%.

About Bonterra Energy

Bonterra Energy Corp is a Canadian oil and gas exploration and production company focused on the development, production and marketing of crude oil, natural gas and natural gas liquids. Headquartered in Calgary, Alberta, the company’s core activities include drilling, well completions and field operations designed to optimize recovery across its asset base. Bonterra’s integrated approach encompasses everything from reservoir evaluation and land acquisition to production infrastructure and product sales, allowing the company to capture value throughout the commodity price cycle.

Bonterra’s operations are concentrated in the Western Canadian Sedimentary Basin, with a particular emphasis on Montney formation assets in northeast British Columbia.