Bonterra Resources (CVE:BTR) Trading 9.5% Higher – Time to Buy?

Shares of Bonterra Resources Inc. (CVE:BTRGet Free Report) traded up 9.5% during trading on Wednesday . The stock traded as high as C$0.23 and last traded at C$0.23. 765,819 shares traded hands during trading, an increase of 453% from the average session volume of 138,560 shares. The stock had previously closed at C$0.21.

Bonterra Resources Price Performance

The company’s 50-day simple moving average is C$0.20 and its 200 day simple moving average is C$0.22. The firm has a market cap of C$48.85 million, a P/E ratio of -4.60 and a beta of 0.03.

Bonterra Resources Company Profile

(Get Free Report)

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.

Further Reading

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