Bonterra Energy (OTCMKTS:BNEFF) Stock Price Down 5.5% – Should You Sell?

Bonterra Energy Corp. (OTCMKTS:BNEFF) was down 5.5% during trading on Monday. The company traded as low as $4.6360 and last traded at $4.7335. Approximately 43,723 shares were traded during mid-day trading, an increase of 202% from the average daily volume of 14,499 shares. The stock had previously closed at $5.01.

Bonterra Energy Trading Down 5.5%

The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.58 and a current ratio of 0.60. The company has a market cap of $173.20 million, a price-to-earnings ratio of -94.67 and a beta of 0.82. The company’s fifty day moving average is $4.47 and its two-hundred day moving average is $4.33.

Bonterra Energy (OTCMKTS:BNEFF) last announced its quarterly earnings data on Tuesday, August 11th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.48. Bonterra Energy had a negative net margin of 0.85% and a negative return on equity of 0.43%. The business had revenue of $59.65 million during the quarter, compared to analysts’ expectations of $45.06 million.

About Bonterra Energy

Bonterra Energy Corp. is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company focuses on developing and producing conventional petroleum and natural gas resources, with associated natural gas liquids generated through its operations.

Bonterra’s principal assets are located in central Alberta, particularly the Pembina and Willesden Green areas. Its activities include drilling, completing and operating wells, as well as managing the gathering, processing and transportation infrastructure needed to deliver production to market.

The company has historically emphasized oil-weighted development in Alberta’s Cardium formation and has built its business around operated conventional assets.