Bonterra Resources (CVE:BTR) Sets New 1-Year Low – Here’s Why

Bonterra Resources Inc. (CVE:BTRGet Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$0.16 and last traded at C$0.16, with a volume of 6010 shares trading hands. The stock had previously closed at C$0.17.

Bonterra Resources Stock Down 3.1%

The firm’s 50 day simple moving average is C$0.18 and its 200-day simple moving average is C$0.18. The company has a current ratio of 0.35, a quick ratio of 0.91 and a debt-to-equity ratio of -112.51. The stock has a market capitalization of C$32.97 million, a price-to-earnings ratio of -1.41 and a beta of 0.94.

About Bonterra Resources

(Get Free Report)

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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