Bonterra Resources Inc. (OTCMKTS:BONXF – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 58,450 shares, a drop of 44.1% from the August 31st total of 104,471 shares. Based on an average daily trading volume, of 266,587 shares, the short-interest ratio is currently 0.2 days.
Bonterra Resources Stock Performance
BONXF traded down $0.01 during trading on Thursday, hitting $0.10. The stock had a trading volume of 33,432 shares, compared to its average volume of 96,289. Bonterra Resources has a twelve month low of $0.08 and a twelve month high of $0.19. The company’s 50-day moving average price is $0.10 and its 200 day moving average price is $0.12.
About Bonterra Resources
Bonterra Resources Inc is a Canadian mineral exploration and development company focused on advancing gold properties in Quebec. The company’s activities include geological exploration, drilling, resource evaluation and project development rather than the production or sale of gold.
Bonterra’s principal assets are located in the Urban-Barry mining district of Quebec and include the Gladiator, Barry and Moroy gold projects. These properties are being evaluated for their exploration potential and for the possibility of supporting future gold development.
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