Bonterra Resources (CVE:BTR) Trading Up 5.1% – Here’s Why

Bonterra Resources Inc. (CVE:BTRGet Free Report)’s stock price traded up 5.1% during mid-day trading on Monday . The stock traded as high as C$0.21 and last traded at C$0.21. 158,015 shares traded hands during mid-day trading, an increase of 58% from the average session volume of 100,262 shares. The stock had previously closed at C$0.20.

Bonterra Resources Price Performance

The firm has a market capitalization of C$43.54 million, a price-to-earnings ratio of -4.10 and a beta of 1.00. The business’s 50-day moving average price is C$0.18 and its 200 day moving average price is C$0.19.

About Bonterra Resources

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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.

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