Bonterra Resources (CVE:BTR) Trading Up 2.3% – Time to Buy?

Shares of Bonterra Resources Inc. (CVE:BTR) shot up 2.3% during trading on Thursday . The stock traded as high as C$0.22 and last traded at C$0.22. 213,186 shares were traded during trading, an increase of 89% from the average session volume of 113,071 shares. The stock had previously closed at C$0.22.

Bonterra Resources Stock Down 4.5 %

The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.91 and a current ratio of 1.65. The firm’s 50 day moving average price is C$0.23 and its two-hundred day moving average price is C$0.25. The company has a market cap of C$34.32 million, a P/E ratio of -4.20 and a beta of 1.76.

Insider Buying and Selling at Bonterra Resources

In other news, Director Cesar Gonzalez acquired 137,250 shares of Bonterra Resources stock in a transaction on Tuesday, November 26th. The stock was purchased at an average price of C$0.24 per share, with a total value of C$32,253.75. Over the last ninety days, insiders purchased 207,250 shares of company stock valued at $47,604. Corporate insiders own 2.18% of the company’s stock.

About Bonterra Resources

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.