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

Bonterra Energy logo with Energy background

Key Points

  • Bonterra Energy Corp. shares rose above their 200-day moving average, trading as high as C$3.65 on Tuesday.
  • Despite the uptick, Bonterra Energy's stock is currently down 3.9%, with a market cap of C$132.07 million and a PE ratio of 4.82.
  • The company focuses on oil and gas exploration in the Western Canadian Sedimentary Basin, primarily developing crude oil and natural gas resources.
  • Looking to export and analyze Bonterra Energy data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Bonterra Energy Corp. (TSE:BNE - Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$3.50 and traded as high as C$3.65. Bonterra Energy shares last traded at C$3.49, with a volume of 56,973 shares trading hands.

Bonterra Energy Stock Up 0.3%

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 firm has a market cap of C$130.94 million, a P/E ratio of 4.78 and a beta of 2.66. The company's 50 day simple moving average is C$3.64 and its 200-day simple moving average is C$3.50.

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.

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