Bonterra Energy (TSE:BNE) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Bonterra Energy Corp. (TSE:BNE) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.73 and traded as high as C$4.59. Bonterra Energy shares last traded at C$4.56, with a volume of 59,516 shares.

Bonterra Energy Stock Performance

The business has a 50 day moving average price of C$4.06 and a two-hundred day moving average price of C$3.73. The company has a debt-to-equity ratio of 29.00, a quick ratio of 0.21 and a current ratio of 0.53. The company has a market cap of C$170.11 million, a P/E ratio of -11.40 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 firm had revenue of C$50.06 million during the quarter. Bonterra Energy had a return on equity of 5.12% and a net margin of 10.56%. On average, sell-side analysts anticipate that Bonterra Energy Corp. will post 0.336726 earnings per share 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.