Insider Buying: Bonterra Energy Corp. (TSE:BNE) Director Acquires 10,000 Shares of Stock

Bonterra Energy Corp. (TSE:BNE) Director Stacey Elizabeth Mcdonald purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were purchased at an average cost of C$3.26 per share, for a total transaction of C$32,600.00.

Bonterra Energy Trading Down 4.0 %

Bonterra Energy stock traded down C$0.13 during trading on Thursday, reaching C$3.12. 67,510 shares of the company were exchanged, compared to its average volume of 54,040. The stock’s 50 day simple moving average is C$3.48 and its two-hundred day simple moving average is C$4.17. The company has a market capitalization of C$116.44 million, a P/E ratio of 3.18 and a beta of 2.66. The company has a debt-to-equity ratio of 29.67, a current ratio of 0.51 and a quick ratio of 0.21. Bonterra Energy Corp. has a 52-week low of C$3.10 and a 52-week high of C$6.87.

Analysts Set New Price Targets

Separately, Atb Cap Markets raised Bonterra Energy to a “strong-buy” rating in a research note on Tuesday, November 5th.

About Bonterra Energy

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.