Bonterra Resources Inc. (OTCMKTS:BONXF – Get Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 104,471 shares, an increase of 2,448.1% from the August 15th total of 4,100 shares. Based on an average daily trading volume, of 187,475 shares, the days-to-cover ratio is currently 0.6 days.
Bonterra Resources Trading Down 1.0%
Bonterra Resources stock opened at $0.10 on Friday. The stock has a fifty day moving average price of $0.10 and a two-hundred day moving average price of $0.12. Bonterra Resources has a 52-week low of $0.08 and a 52-week high of $0.19.
Bonterra Resources Company Profile
Bonterra Resources Inc is a Canadian mineral exploration and development company focused on the discovery and advancement of gold resources in the prolific Abitibi greenstone belt of Quebec. Headquartered in Montreal, the company employs systematic exploration programs—ranging from geophysical surveys and surface sampling to diamond drilling—to identify and delineate prospective gold-bearing zones. Bonterra’s strategic objective is to build a robust portfolio of projects that can be advanced toward production, leveraging Quebec’s mining-friendly regulatory environment and established infrastructure.
Central to Bonterra’s asset base is the Urban Barry district, located on the eastern margin of the Val-d’Or mining camp.
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