Bonterra Resources (CVE:BTR) Trading 4.8% Higher – What’s Next?

Bonterra Resources Inc. (CVE:BTR)’s stock price shot up 4.8% on Thursday . The stock traded as high as C$0.23 and last traded at C$0.22. 216,610 shares were traded during mid-day trading, an increase of 213% from the average session volume of 69,270 shares. The stock had previously closed at C$0.21.

Bonterra Resources Stock Up 4.5 %

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.65 and a quick ratio of 0.91. The company has a market cap of C$37.59 million, a PE ratio of -4.60 and a beta of 1.76. The business’s 50 day moving average is C$0.22 and its 200-day moving average is C$0.25.

Insider Transactions at Bonterra Resources

In related news, Director Cesar Gonzalez purchased 137,250 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were bought at an average cost of C$0.24 per share, for a total transaction of C$32,253.75. In the last three months, insiders bought 207,250 shares of company stock valued at $47,604. Insiders own 2.18% of the company’s stock.

Bonterra Resources Company Profile

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.