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

Bonterra Energy Corp. (TSE:BNE) Director Patrick George Oliver bought 3,000 shares of the stock in a transaction dated Friday, March 22nd. The stock was purchased 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 bought 3,700 shares of Bonterra Energy stock. The stock was purchased at an average cost of C$5.95 per share, for a total transaction of C$22,015.00.

Bonterra Energy Price Performance

Shares of Bonterra Energy stock opened at C$6.30 on Thursday. The business’s fifty day moving average price is C$5.24 and its 200 day moving average price is C$5.92. The company has a current ratio of 0.65, a quick ratio of 0.21 and a debt-to-equity ratio of 26.67. Bonterra Energy Corp. has a twelve month low of C$4.36 and a twelve month high of C$7.83. The stock has a market capitalization of C$234.68 million, a P/E ratio of 5.25 and a beta of 2.80.

Bonterra Energy (TSE:BNE) last released its quarterly earnings data on Thursday, March 7th. The company reported C$0.40 EPS for the quarter, beating 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 company had revenue of C$81.74 million for the quarter. As a group, research analysts anticipate that Bonterra Energy Corp. will post 0.8204456 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on BNE shares. Stifel Nicolaus raised their price objective on Bonterra Energy from C$8.00 to C$8.25 and gave the company a “buy” rating in a research note on Tuesday, March 5th. Raymond James decreased their price objective on Bonterra Energy from C$10.00 to C$8.50 and set a “market perform” rating on the stock in a report on Friday, January 19th.

Bonterra Energy Company Profile

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.