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

Bonterra Resources Inc. (OTCMKTS:BONXF) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,100 shares, an increase of ∞ from the July 30th total of 0 shares. Based on an average trading volume of 41,700 shares, the days-to-cover ratio is currently 0.1 days.

Bonterra Resources Trading Down 3.6%

Shares of Bonterra Resources stock traded down $0.00 during trading hours on Friday, reaching $0.09. 155,610 shares of the stock traded hands, compared to its average volume of 94,721. The company has a 50 day moving average price of $0.11 and a 200 day moving average price of $0.12. Bonterra Resources has a one year low of $0.08 and a one year high of $0.19.

Bonterra Resources Company Profile

Bonterra Resources Inc is a Canadian mineral exploration and development company focused on the discovery and advancement of gold resources in the prolific Abitibi greenstone belt of Quebec. Headquartered in Montreal, the company employs systematic exploration programs—ranging from geophysical surveys and surface sampling to diamond drilling—to identify and delineate prospective gold-bearing zones. Bonterra’s strategic objective is to build a robust portfolio of projects that can be advanced toward production, leveraging Quebec’s mining-friendly regulatory environment and established infrastructure.

Central to Bonterra’s asset base is the Urban Barry district, located on the eastern margin of the Val-d’Or mining camp.