Quaterra Resources (QTA) Shares Up 21.4%

Shares of Quaterra Resources Inc (CVE:QTA) shot up 21.4% on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09. 285,001 shares changed hands during mid-day trading, an increase of 314% from the average session volume of 68,861 shares. The stock had previously closed at C$0.07.

Separately, Fundamental Research reissued a “top pick” rating and issued a C$0.49 price target on shares of Quaterra Resources in a research note on Friday, March 15th.

The company has a debt-to-equity ratio of 4.04, a quick ratio of 0.23 and a current ratio of 0.24. The company has a market cap of $20.44 million and a price-to-earnings ratio of -14.29.



WARNING: “Quaterra Resources (QTA) Shares Up 21.4%” was originally published by Dakota Financial News and is the property of of Dakota Financial News. If you are accessing this article on another domain, it was illegally stolen and republished in violation of U.S. & international copyright and trademark law. The correct version of this article can be accessed at https://dakotafinancialnews.com/2019/05/16/quaterra-resources-qta-shares-up-21-4.html.

About Quaterra Resources (CVE:QTA)

Quaterra Resources Inc operates as a copper exploration and development company primarily in North America. It holds 100% interests in the MacArthur, Yerington, Bear, and Wassuk copper properties located in the Yerington District, Nevada, as well as an option to acquire a 90% interest in the Groundhog copper prospect covering 40,000 acres located to the southwest of Anchorage, Alaska.

Featured Article: Stock Selection – What is cash flow?

Receive News & Ratings for Quaterra Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quaterra Resources and related companies with MarketBeat.com's FREE daily email newsletter.