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Bonterra Energy (TSE:BNE) Share Price Crosses Above 200-Day Moving Average - What's Next?

Bonterra Energy logo with Energy background

Bonterra Energy Corp. (TSE:BNE - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.49 and traded as high as C$3.92. Bonterra Energy shares last traded at C$3.84, with a volume of 29,900 shares trading hands.

Bonterra Energy Stock Performance

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's 50 day moving average is C$3.39 and its two-hundred day moving average is C$3.49. The company has a market cap of C$145.32 million, a PE ratio of 5.31 and a beta of 2.66.

About Bonterra Energy

(Get Free Report)

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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