Bonterra Resources (CVE:BTR) Trading Up 2.5% – Time to Buy?

Bonterra Resources Inc. (CVE:BTRGet Free Report)’s stock price shot up 2.5% on Friday . The stock traded as high as C$0.21 and last traded at C$0.21. 54,104 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 163,684 shares. The stock had previously closed at C$0.20.

Bonterra Resources Stock Performance

The company’s fifty day moving average is C$0.21 and its two-hundred day moving average is C$0.22. The company has a market cap of C$43.54 million, a price-to-earnings ratio of -4.10 and a beta of 0.03.

About Bonterra Resources

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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.

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