Bonterra Resources Inc. (OTCMKTS:BONXF) Short Interest Update

Bonterra Resources Inc. (OTCMKTS:BONXF) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 104,471 shares, a growth of 2,448.1% from the August 15th total of 4,100 shares. Based on an average daily volume of 187,475 shares, the short-interest ratio is currently 0.6 days.

Bonterra Resources Price Performance

Shares of OTCMKTS BONXF traded down $0.00 during midday trading on Thursday, hitting $0.10. 124,527 shares of the company’s stock traded hands, compared to its average volume of 96,287. The firm has a fifty day moving average of $0.10 and a 200 day moving average of $0.12. Bonterra Resources has a 1 year low of $0.08 and a 1 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.