Bonterra Energy Corp. (OTCMKTS:BNEFF) Short Interest Update

Bonterra Energy Corp. (OTCMKTS:BNEFF) was the target of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 226,800 shares, a decrease of 7.0% from the October 15th total of 243,900 shares. Based on an average daily volume of 20,300 shares, the short-interest ratio is presently 11.2 days.

Bonterra Energy Stock Up 2.3 %

Shares of OTCMKTS:BNEFF opened at $4.54 on Friday. Bonterra Energy has a 52-week low of $3.75 and a 52-week high of $6.06. The firm has a market capitalization of $169.09 million, a P/E ratio of 4.83 and a beta of 2.03. The stock has a 50 day moving average price of $5.17 and a 200-day moving average price of $4.80. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.65 and a current ratio of 0.66.

Bonterra Energy (OTCMKTS:BNEFF) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.27 earnings per share for the quarter. The company had revenue of $63.30 million for the quarter. Bonterra Energy had a return on equity of 9.54% and a net margin of 14.53%.

Wall Street Analysts Forecast Growth

Separately, Raymond James increased their target price on Bonterra Energy from C$8.50 to C$9.00 in a research report on Friday, August 11th.

Bonterra Energy Company Profile

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Alberta, Saskatchewan, and British Columbia, Canada. Its principal properties include Pembina and Willesden Green Cardium fields located in central Alberta. The company also has non-core properties located in the Provinces of Saskatchewan and British Columbia.