Bonterra Resources Inc. (OTCMKTS:BONXF) Sees Large Growth in Short Interest

Bonterra Resources Inc. (OTCMKTS:BONXF) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 96,600 shares, an increase of 5,266.7% from the March 31st total of 1,800 shares. Based on an average daily volume of 118,500 shares, the short-interest ratio is presently 0.8 days.

Bonterra Resources Trading Up 28.3 %

Shares of Bonterra Resources stock traded up $0.05 on Thursday, hitting $0.23. 107,245 shares of the company were exchanged, compared to its average volume of 61,783. Bonterra Resources has a 1-year low of $0.12 and a 1-year high of $0.28. The company has a 50-day moving average price of $0.19 and a 200 day moving average price of $0.16.

About Bonterra Resources

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.