Bonterra Energy Corp. (OTCMKTS:BNEFF – Get Rating) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 251,300 shares, an increase of 356.1% from the July 15th total of 55,100 shares. Based on an average daily volume of 16,400 shares, the days-to-cover ratio is presently 15.3 days.
Analyst Ratings Changes
Separately, Stifel Nicolaus lowered their price objective on Bonterra Energy from C$14.00 to C$13.75 in a research note on Thursday, June 30th.
Get Bonterra Energy alerts:Bonterra Energy Stock Performance
Shares of BNEFF stock traded up $0.34 during trading on Wednesday, hitting $6.97. The company's stock had a trading volume of 36,618 shares, compared to its average volume of 12,409. The company has a market cap of $251.99 million, a PE ratio of 1.56 and a beta of 2.00. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.24. The business has a fifty day moving average of $7.37 and a 200-day moving average of $7.91. Bonterra Energy has a 52 week low of $3.18 and a 52 week high of $10.94.
Bonterra Energy (OTCMKTS:BNEFF – Get Rating) last released its earnings results on Tuesday, May 10th. The company reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $72.27 million during the quarter. Bonterra Energy had a return on equity of 8.11% and a net margin of 67.59%.About Bonterra Energy
(Get Rating)
Bonterra Energy Corp. engages in the production and sale of crude oil, natural gas, and natural gas liquids. It primarily focuses on the development of its Cardium land within the Pembina and Willesden Green areas located in west central Alberta. The company also holds interests in the Shaunavon area located in southwest Saskatchewan, and the Prespatou area located in northeast British Columbia.
Featured Stories
- Get a free copy of the StockNews.com research report on Bonterra Energy (BNEFF)
- The How And Why of Investing in Oil Stocks
- The How and Why of Investing in Gold Stocks
- A Rounded Bottom In Draftkings, Inc Begins To Reverse Course
- Workhorse Group Is Ready To Get Back On The Horse
- Are 3M, Honeywell, GE Buys After Quarterly Reports?
Receive News & Ratings for Bonterra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bonterra Energy and related companies with MarketBeat.com's FREE daily email newsletter.