Bonterra Resources (CVE:BTR) Reaches New 12-Month Low – Time to Sell?

Bonterra Resources Inc. (CVE:BTR) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.16 and last traded at C$0.16, with a volume of 6010 shares changing hands. The stock had previously closed at C$0.17.

Bonterra Resources Trading Down 3.0%

The company has a quick ratio of 0.91, a current ratio of 0.35 and a debt-to-equity ratio of -112.51. The company has a market capitalization of C$34.03 million, a P/E ratio of -1.45 and a beta of 0.94. The business has a fifty day moving average price of C$0.18 and a 200 day moving average price of C$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.