Bonterra Energy (TSE:BNE) Reaches New 52-Week High – Should You Buy?

Bonterra Energy Corp. (TSE:BNE) shares hit a new 52-week high during trading on Thursday . The stock traded as high as C$5.26 and last traded at C$5.09, with a volume of 54453 shares traded. The stock had previously closed at C$5.27.

Bonterra Energy Stock Up 2.2%

The company has a current ratio of 0.53, a quick ratio of 0.21 and a debt-to-equity ratio of 29.00. The business has a fifty day simple moving average of C$4.60 and a two-hundred day simple moving average of C$3.95. The company has a market cap of C$187.71 million, a PE ratio of -13.00 and a beta of 0.59.

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