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Bonterra Energy (TSE:BNE) Shares Pass Above 200-Day Moving Average - Time to Sell?

Bonterra Energy logo with Energy background

Key Points

  • Bonterra Energy Corp's share price recently crossed above its 200-day moving average, trading at C$3.60 with a volume of 16,539 shares.
  • The company has a market capitalization of C$131.16 million and a price-to-earnings ratio of -18.95.
  • Bonterra Energy operates in the Western Canadian Sedimentary Basin, focusing on crude oil, natural gas, and natural gas liquids production.
  • Interested in Bonterra Energy? Here are five stocks we like better.

Bonterra Energy Corp. (TSE:BNE - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$3.47 and traded as high as C$3.60. Bonterra Energy shares last traded at C$3.60, with a volume of 16,539 shares trading hands.

Bonterra Energy Price Performance

The company has a debt-to-equity ratio of 29.00, a current ratio of 0.53 and a quick ratio of 0.21. The company has a 50-day simple moving average of C$3.56 and a 200-day simple moving average of C$3.47. The stock has a market cap of C$130.43 million, a PE ratio of -18.84 and a beta of 0.92.

About Bonterra Energy

(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.

Further Reading

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