Bonterra Resources (CVE:BTR) Shares Down 21.2% – What’s Next?

Bonterra Resources Inc. (CVE:BTRGet Free Report) shares were down 21.2% during trading on Tuesday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 714,366 shares changed hands during trading, an increase of 395% from the average daily volume of 144,186 shares. The stock had previously closed at C$0.17.

Bonterra Resources Trading Down 18.2%

The company has a current ratio of 0.35, a quick ratio of 0.91 and a debt-to-equity ratio of -112.51. The stock has a 50-day simple moving average of C$0.17 and a two-hundred day simple moving average of C$0.18. The firm has a market capitalization of C$28.71 million, a P/E ratio of -1.23 and a beta of 0.94.

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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