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Bonterra Energy (TSE:BNE) Reaches New 1-Year High - Still a Buy?

Bonterra Energy logo with Energy background
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Key Points

  • 52-week high: Bonterra Energy's shares reached a new 52-week high, trading as high as C$6.03 and last at C$5.86 on volume of 84,112 shares (previous close C$5.63).
  • Mixed fundamentals: The company has a market cap of C$211.5M, a negative P/E (-14.65), debt-to-equity around 29.99 and low liquidity ratios (quick ratio 0.21, current ratio 0.75).
  • Business profile: Bonterra is an oil and gas exploration and production company operating in the Western Canadian Sedimentary Basin, producing crude oil, natural gas and natural gas liquids.
  • Interested in Bonterra Energy? Here are five stocks we like better.

Bonterra Energy Corp. (TSE:BNE - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as C$6.03 and last traded at C$5.86, with a volume of 84112 shares traded. The stock had previously closed at C$5.63.

Bonterra Energy Stock Up 4.1%

The company has a debt-to-equity ratio of 29.99, a quick ratio of 0.21 and a current ratio of 0.75. The business has a 50 day simple moving average of C$4.99 and a 200-day simple moving average of C$4.17. The firm has a market capitalization of C$211.53 million, a price-to-earnings ratio of -14.65 and a beta of 0.58.

Bonterra Energy Company Profile

(Get Free Report)

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.

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