Bonterra Energy Corp. (TSE:BNE) Director Purchases C$18,750.00 in Stock

Bonterra Energy Corp. (TSE:BNE) Director Patrick George Oliver purchased 3,000 shares of the company’s stock in a transaction that occurred on Friday, March 22nd. The stock was bought at an average cost of C$6.25 per share, for a total transaction of C$18,750.00.

Patrick George Oliver also recently made the following trade(s):

• On Friday, March 15th, Patrick George Oliver acquired 3,700 shares of Bonterra Energy stock. The shares were acquired at an average price of C$5.95 per share, with a total value of C$22,015.00.

Bonterra Energy Stock Down 0.3 %

Shares of Bonterra Energy stock opened at C$6.30 on Thursday. The firm has a market cap of C$234.68 million, a price-to-earnings ratio of 5.25 and a beta of 2.80. The company has a debt-to-equity ratio of 26.67, a current ratio of 0.65 and a quick ratio of 0.21. Bonterra Energy Corp. has a 52-week low of C$4.36 and a 52-week high of C$7.83. The stock has a 50-day simple moving average of C$5.24 and a 200-day simple moving average of C$5.92.

Bonterra Energy (TSE:BNE) last posted its earnings results on Thursday, March 7th. The company reported C$0.40 earnings per share for the quarter, topping the consensus estimate of C$0.31 by C$0.09. Bonterra Energy had a return on equity of 8.92% and a net margin of 16.44%. The firm had revenue of C$81.74 million during the quarter. On average, equities research analysts expect that Bonterra Energy Corp. will post 0.8204456 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on BNE shares. Raymond James decreased their price objective on Bonterra Energy from C$10.00 to C$8.50 and set a “market perform” rating for the company in a research report on Friday, January 19th. Stifel Nicolaus lifted their price target on Bonterra Energy from C$8.00 to C$8.25 and gave the company a “buy” rating in a report on Tuesday, March 5th.

About Bonterra Energy

Bonterra Energy Corp., a conventional oil and gas company, engages in the development and production of oil and natural gas in Canada. Its principal properties include Pembina Cardium, a conventional oil field, at the Pembina and Willesden green fields located in central Alberta; and holds 100% interest in the Montney properties that consist of approximately 28,880 acres located in the north of Grand Prairie, Alberta.