Bonterra Energy Corp. (OTCMKTS:BNEFF – Get Free Report)’s share price was up 0.7% during trading on Monday . The stock traded as high as $5.70 and last traded at $5.66. Approximately 31,055 shares were traded during mid-day trading, an increase of 101% from the average daily volume of 15,413 shares. The stock had previously closed at $5.62.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on BNEFF shares. Raymond James upped their price target on Bonterra Energy from C$8.50 to C$9.00 in a research note on Friday, August 11th. Stifel Nicolaus increased their target price on Bonterra Energy from C$9.50 to C$10.00 in a research note on Friday, July 14th.
Bonterra Energy Trading Up 0.7 %
Bonterra Energy (OTCMKTS:BNEFF – Get Free Report) last posted its earnings results on Thursday, August 10th. The company reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $56.29 million for the quarter. Bonterra Energy had a return on equity of 10.66% and a net margin of 16.62%.
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 Alberta, Saskatchewan, and British Columbia, Canada. Its principal properties include Pembina and Willesden Green Cardium fields located in central Alberta. The company also has non-core properties located in the Provinces of Saskatchewan and British Columbia.
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