Bonterra Energy (OTCMKTS:BNEFF) Stock Price Down 2.5% – Here’s What Happened

Bonterra Energy Corp. (OTCMKTS:BNEFF)’s share price was down 2.5% on Friday . The company traded as low as $3.40 and last traded at $3.40. Approximately 10,789 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 20,489 shares. The stock had previously closed at $3.4860.

Bonterra Energy Stock Performance

The stock has a market cap of $124.37 million, a PE ratio of -12.14 and a beta of 0.86. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.75 and a quick ratio of 0.73. The stock has a 50-day simple moving average of $2.97 and a 200-day simple moving average of $2.72.

Bonterra Energy (OTCMKTS:BNEFF) last released its quarterly earnings data on Thursday, November 13th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.06). Bonterra Energy had a negative return on equity of 2.72% and a negative net margin of 6.17%.The firm had revenue of $39.61 million during the quarter, compared to analysts’ expectations of $59.50 million.

About Bonterra Energy

Bonterra Energy Corp is a Canadian oil and gas exploration and production company focused on the development, production and marketing of crude oil, natural gas and natural gas liquids. Headquartered in Calgary, Alberta, the company’s core activities include drilling, well completions and field operations designed to optimize recovery across its asset base. Bonterra’s integrated approach encompasses everything from reservoir evaluation and land acquisition to production infrastructure and product sales, allowing the company to capture value throughout the commodity price cycle.

Bonterra’s operations are concentrated in the Western Canadian Sedimentary Basin, with a particular emphasis on Montney formation assets in northeast British Columbia.