Bonterra Energy (TSE:BNE) Hits New 1-Year High – Here’s Why

Bonterra Energy Corp. (TSE:BNE) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$4.96 and last traded at C$4.82, with a volume of 74838 shares trading hands. The stock had previously closed at C$4.64.

Bonterra Energy Stock Performance

The company has a current ratio of 0.53, a quick ratio of 0.21 and a debt-to-equity ratio of 29.00. The company’s 50-day moving average is C$4.08 and its two-hundred day moving average is C$3.74. The firm has a market cap of C$179.81 million, a P/E ratio of -12.05 and a beta of 0.47.

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