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Bonterra Energy (TSE:BNE) Shares Cross Above Two Hundred Day Moving Average - Here's Why

Bonterra Energy logo with Energy background

Bonterra Energy Corp. (TSE:BNE - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$3.51 and traded as high as C$3.63. Bonterra Energy shares last traded at C$3.54, with a volume of 45,561 shares trading hands.

Bonterra Energy Stock Up 2.8%

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 stock has a market cap of C$138.88 million, a PE ratio of 5.07 and a beta of 2.66. The business has a fifty day moving average of C$3.59 and a 200-day moving average of C$3.51.

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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