Bonterra Energy (TSE:BNE) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Bonterra Energy Corp. (TSE:BNE) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.79 and traded as high as C$4.81. Bonterra Energy shares last traded at C$4.73, with a volume of 52,589 shares.

Bonterra Energy Stock Down 0.6%

The business has a fifty day simple moving average of C$4.20 and a 200 day simple moving average of C$3.79. The firm has a market cap of C$170.74 million, a price-to-earnings ratio of -11.83 and a beta of 0.47. The company has a debt-to-equity ratio of 29.00, a current ratio of 0.53 and a quick ratio of 0.21.

Bonterra Energy (TSE:BNE) last issued its quarterly earnings results on Thursday, November 13th. The company reported C($0.10) earnings per share (EPS) for the quarter. Bonterra Energy had a return on equity of 5.12% and a net margin of 10.56%.The firm had revenue of C$50.06 million during the quarter. As a group, equities analysts forecast that Bonterra Energy Corp. will post 0.336726 EPS for the current fiscal 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.