Insider Buying: Bonterra Energy Corp (BNE) Insider Acquires 5,000 Shares of Stock

Bonterra Energy Corp (TSE:BNE) insider George Frederick Fink purchased 5,000 shares of the company’s stock in a transaction dated Thursday, January 18th. The shares were acquired at an average price of C$14.10 per share, with a total value of C$70,500.00.

George Frederick Fink also recently made the following trade(s):

  • On Tuesday, October 24th, George Frederick Fink purchased 5,000 shares of Bonterra Energy stock. The shares were acquired at an average price of C$13.81 per share, with a total value of C$69,050.00.

Bonterra Energy Corp (TSE:BNE) traded down C$0.05 during trading hours on Friday, reaching C$14.20. The company had a trading volume of 187,322 shares, compared to its average volume of 182,642. Bonterra Energy Corp has a one year low of C$13.44 and a one year high of C$26.60. The company has a market cap of $476.01, a P/E ratio of -710.00 and a beta of 1.20.

Bonterra Energy (TSE:BNE) last announced its quarterly earnings data on Wednesday, November 8th. The company reported C($0.09) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of C($0.11) by C$0.02. Bonterra Energy had a negative return on equity of 2.33% and a negative net margin of 7.05%.

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Monday, January 15th will be given a $0.10 dividend. The ex-dividend date of this dividend is Friday, January 12th. This represents a $1.20 annualized dividend and a yield of 8.45%. Bonterra Energy’s payout ratio is currently -6,000.00%.

BNE has been the subject of a number of recent research reports. BMO Capital Markets downgraded Bonterra Energy from a “market perform” rating to an “underperform” rating and dropped their target price for the stock from C$16.00 to C$15.00 in a research report on Tuesday, October 10th. TD Securities boosted their target price on Bonterra Energy from C$18.50 to C$19.50 and gave the stock a “buy” rating in a research report on Thursday, November 9th. AltaCorp Capital upgraded Bonterra Energy from a “sector perform” rating to an “outperform” rating in a research report on Thursday, December 21st. Finally, National Bank Financial boosted their target price on Bonterra Energy from C$21.00 to C$21.50 and gave the stock an “outperform” rating in a research report on Tuesday, January 9th. One analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. Bonterra Energy has a consensus rating of “Buy” and a consensus target price of C$22.70.

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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.

Insider Buying and Selling by Quarter for Bonterra Energy (TSE:BNE)

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