Bonterra Energy (OTCMKTS:BNEFF) Shares Up 6.6% - Should You Buy?

Key Points

• Bonterra Energy Corp. shares rose by 6.6% to a trading price of $2.95 despite a significant decrease in trading volume.
• The company reported a quarterly earnings loss of ($0.14) per share, missing the analyst estimate of ($0.01), with revenues coming in at $49.18 million compared to forecasts of $69.90 million.
• Bonterra Energy has a market cap of $108.65 million and operates primarily in the development and production of oil and natural gas in Canada.

Bonterra Energy Corp. (OTCMKTS:BNEFF - Get Free Report)'s stock price shot up 6.6% on Monday . The stock traded as high as $2.95 and last traded at $2.95. 1,450 shares were traded during trading, a decline of 79% from the average session volume of 6,948 shares. The stock had previously closed at $2.77.

Bonterra Energy Price Performance

The company has a fifty day moving average price of $2.69 and a two-hundred day moving average price of $2.51. The company has a current ratio of 0.50, a quick ratio of 0.49 and a debt-to-equity ratio of 0.29. The company has a market cap of $108.65 million, a price-to-earnings ratio of 59.01 and a beta of 1.19.

Bonterra Energy (OTCMKTS:BNEFF - Get Free Report) last announced its quarterly earnings results on Thursday, May 15th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.13). The company had revenue of $49.18 million during the quarter, compared to analyst estimates of $69.90 million. Bonterra Energy had a net margin of 0.84% and a return on equity of 0.41%.

Bonterra Energy Company Profile

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.

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