Bonterra Resources (CVE:BTR) Trading Down 7.7% – Time to Sell?

Bonterra Resources Inc. (CVE:BTRGet Free Report) was down 7.7% during mid-day trading on Friday . The stock traded as low as C$0.18 and last traded at C$0.18. Approximately 97,530 shares were traded during trading, a decline of 41% from the average daily volume of 164,893 shares. The stock had previously closed at C$0.20.

Bonterra Resources Price Performance

The company has a debt-to-equity ratio of -112.51, a quick ratio of 0.91 and a current ratio of 0.35. The company has a 50-day simple moving average of C$0.18 and a 200-day simple moving average of C$0.18. The company has a market cap of C$37.17 million, a price-to-earnings ratio of -3.50 and a beta of 0.96.

About Bonterra Resources

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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.

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