Bonterra Energy Corp (TSE:BNE) announced a monthly dividend on Thursday, November 29th, Zacks reports. Shareholders of record on Friday, December 14th will be paid a dividend of 0.01 per share on Monday, December 31st. This represents a $0.12 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend is Thursday, December 13th.
Shares of BNE stock traded down C$0.24 on Friday, hitting C$6.90. The company had a trading volume of 383,200 shares, compared to its average volume of 152,072. The company has a debt-to-equity ratio of 62.98, a current ratio of 0.44 and a quick ratio of 0.36. Bonterra Energy has a twelve month low of C$6.86 and a twelve month high of C$20.29.
Bonterra Energy (TSE:BNE) last issued its quarterly earnings data on Wednesday, November 7th. The company reported C$0.17 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.33 by C($0.16). The firm had revenue of C$63.82 million during the quarter, compared to analyst estimates of C$69.20 million. As a group, sell-side analysts expect that Bonterra Energy will post 1.05999999385507 EPS for the current year.
In other Bonterra Energy news, insider George Frederick Fink purchased 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, September 18th. The stock was purchased at an average price of C$17.75 per share, for a total transaction of C$44,375.00. Also, insider Robb Douglas Thompson purchased 4,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 4th. The stock was acquired at an average price of C$7.66 per share, with a total value of C$34,470.00. In the last 90 days, insiders purchased 22,000 shares of company stock valued at $224,895.
Several brokerages have recently issued reports on BNE. TD Securities decreased their price objective on Bonterra Energy from C$14.50 to C$10.50 and set a “hold” rating for the company in a report on Monday, December 3rd. BMO Capital Markets decreased their price objective on Bonterra Energy from C$13.50 to C$10.00 in a report on Friday, November 30th. CIBC decreased their price objective on Bonterra Energy from C$13.00 to C$11.00 in a report on Friday, November 30th. AltaCorp Capital cut Bonterra Energy from an “outperform” rating to a “sector perform” rating in a report on Thursday, November 8th. Finally, Eight Capital decreased their price objective on Bonterra Energy from C$17.50 to C$17.00 in a report on Thursday, November 8th.
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About Bonterra Energy
Bonterra Energy Corp., an upstream oil and gas company, engages in the production and sale of crude oil, natural gas, and natural gas liquids. It primarily focuses on the development of its Cardium zone within the Pembina and Willesden Green areas located in west central Alberta. The company also holds interests in the Shaunavon area in Saskatchewan, and the Prespatou area of northeast British Columbia.
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