Bonterra Resources Inc. (OTCMKTS:BONXF) Sees Large Increase in Short Interest

Bonterra Resources Inc. (OTCMKTS:BONXF) was the target of a large increase in short interest in the month of July. As of July 15th, there was short interest totalling 11,400 shares, an increase of 42.5% from the June 30th total of 8,000 shares. Based on an average daily volume of 90,800 shares, the days-to-cover ratio is presently 0.1 days.

Bonterra Resources Price Performance

Shares of BONXF remained flat at $0.18 during midday trading on Friday. The stock had a trading volume of 14,170 shares, compared to its average volume of 86,744. Bonterra Resources has a 12-month low of $0.12 and a 12-month high of $0.26. The stock’s 50 day moving average is $0.18 and its 200-day moving average is $0.18.

Bonterra Resources Company Profile

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.