Bonterra Energy (TSE:BNE) Hits New 12-Month High – Here’s Why

Bonterra Energy Corp. (TSE:BNE) shares reached a new 52-week high on Monday . The company traded as high as C$7.02 and last traded at C$6.88, with a volume of 86368 shares traded. The stock had previously closed at C$6.88.

Bonterra Energy Stock Performance

The company’s 50-day simple moving average is C$5.46 and its 200-day simple moving average is C$4.43. The stock has a market capitalization of C$245.99 million, a price-to-earnings ratio of -14.51 and a beta of 0.58. The company has a current ratio of 0.94, a quick ratio of 0.21 and a debt-to-equity ratio of 33.80.

Bonterra Energy (TSE:BNE) last issued its quarterly earnings results on Thursday, March 12th. The company reported C($0.12) EPS for the quarter. Bonterra Energy had a negative return on equity of 3.24% and a negative net margin of 7.08%.The business had revenue of C$54.24 million for the quarter. On average, analysts expect that Bonterra Energy Corp. will post 0.336726 EPS for the current year.

Bonterra Energy Company Profile

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.