Bonterra Resources (CVE:BTR) Trading Down 21.2% – Time to Sell?

Bonterra Resources Inc. (CVE:BTRGet Free Report) shares traded down 21.2% during trading on Tuesday . The company traded as low as C$0.13 and last traded at C$0.13. 714,366 shares changed hands during trading, an increase of 395% from the average daily volume of 144,186 shares. The stock had previously closed at C$0.17.

Bonterra Resources Stock Performance

The firm has a market capitalization of C$29.78 million, a P/E ratio of -1.27 and a beta of 0.94. The business’s 50 day moving average is C$0.17 and its two-hundred day moving average is C$0.18. The company has a quick ratio of 0.91, a current ratio of 0.35 and a debt-to-equity ratio of -112.51.

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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