Bonterra Energy Corp (BNE) Declares $0.10 Monthly Dividend
Bonterra Energy Corp (TSE:BNE) announced a monthly dividend on Tuesday, January 2nd, Zacks reports. Investors of record on Monday, January 15th will be given a dividend of 0.10 per share on Wednesday, January 31st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 7.79%. The ex-dividend date is Friday, January 12th.
Bonterra Energy (TSE:BNE) traded up C$0.10 on Wednesday, hitting C$15.40. The company had a trading volume of 126,275 shares, compared to its average volume of 131,497. The firm has a market cap of $514.65, a PE ratio of -770.00 and a beta of 1.20. Bonterra Energy has a 1-year low of C$13.44 and a 1-year high of C$29.76.
A number of equities research analysts recently weighed in on BNE shares. TD Securities upped their price target on Bonterra Energy from C$18.50 to C$19.50 and gave the stock a “buy” rating in a report on Thursday, November 9th. BMO Capital Markets cut Bonterra Energy from a “market perform” rating to an “underperform” rating and lowered their target price for the company from C$16.00 to C$15.00 in a report on Tuesday, October 10th. Finally, AltaCorp Capital upgraded Bonterra Energy from a “sector perform” rating to an “outperform” rating in a report on Thursday, December 21st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Bonterra Energy has a consensus rating of “Buy” and a consensus target price of C$22.60.
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Bonterra Energy Company Profile
Bonterra Energy Corp. (Bonterra) is an oil and gas company. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin.
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