Bonterra Resources (CVE:BTR) Reaches New 12-Month Low – Time to Sell?
by Danessa Lincoln · The Markets DailyShares of Bonterra Resources Inc. (CVE:BTR – Get Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.12 and last traded at C$0.13, with a volume of 74890 shares traded. The stock had previously closed at C$0.14.
Bonterra Resources Stock Down 7.1%
The company has a market capitalization of C$27.65 million, a P/E ratio of -1.18 and a beta of 0.93. The firm has a 50-day moving average price of C$0.17 and a two-hundred day moving average price of C$0.18. The company has a quick ratio of 0.91, a current ratio of 0.35 and a debt-to-equity ratio of -112.51.
About Bonterra Resources
Bonterra Resources Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores primarily for gold and silver deposits. The company's primary projects include the Gladiator, Moroy, and Barry deposits. It also owns 100% interest in the Bachelor Mill. Bonterra Resources Inc was incorporated in 2007 and is headquartered in Val-D'or, Canada.