BonTerra Resources (CVE:BTR) Trading Down 0.8%
BonTerra Resources Inc (CVE:BTR)’s stock price dropped 0.8% during mid-day trading on Wednesday . The company traded as low as C$2.33 and last traded at C$2.36, approximately 36,256 shares traded hands during mid-day trading. A decline of 61% from the average daily volume of 93,948 shares. The stock had previously closed at C$2.38.
Separately, Pi Financial upped their target price on shares of BonTerra Resources from C$3.10 to C$3.50 in a report on Wednesday, July 24th.
The stock has a market cap of $151.48 million and a P/E ratio of -0.73. The company has a quick ratio of 0.15, a current ratio of 0.22 and a debt-to-equity ratio of 19.75. The business’s fifty day moving average price is C$2.44.
Bonterra Resources Inc, an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold and silver deposits. It holds interest in the Gladiator Deposit, the Moroy Deposit and Bonterra Mill, and the Barry Deposit located in the provinces of Ontario and Quebec, Canada.
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