Bonterra Energy (TSE:BNE) Shares Up 3.6% - Should You Buy?

Bonterra Energy Corp. (TSE:BNE - Get Free Report) shot up 3.6% during mid-day trading on Wednesday . The stock traded as high as C$3.14 and last traded at C$3.14. 1,900 shares traded hands during trading, a decline of 96% from the average session volume of 46,807 shares. The stock had previously closed at C$3.03.

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 stock has a market cap of C$119.58 million, a price-to-earnings ratio of 4.37 and a beta of 2.66. The company's 50 day moving average is C$3.43 and its 200 day moving average is C$3.52.

Insider Buying and Selling at Bonterra Energy

In other news, Director Stacey Elizabeth Mcdonald purchased 8,500 shares of the company's stock in a transaction on Friday, March 21st. The shares were bought at an average price of C$3.59 per share, for a total transaction of C$30,481.00. Insiders acquired 15,920 shares of company stock worth $53,340 in the last 90 days. 13.89% of the stock is owned by company insiders.

About Bonterra Energy

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.