Bonterra Resources Inc. (OTCMKTS:BONXF – Get Free Report) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 142,592 shares, an increase of 144.0% from the September 15th total of 58,450 shares. Based on an average daily trading volume, of 164,974 shares, the short-interest ratio is currently 0.9 days.
Bonterra Resources Price Performance
Bonterra Resources stock opened at $0.09 on Wednesday. Bonterra Resources has a twelve month low of $0.08 and a twelve month high of $0.18. The company’s 50-day moving average price is $0.10 and its two-hundred day moving average price is $0.12.
Bonterra Resources Company Profile
Bonterra Resources Inc is a Canadian mineral exploration and development company focused on discovering and advancing gold projects in Quebec. The company’s activities include geological mapping, drilling, resource evaluation, permitting and other work intended to assess the commercial potential of its mineral properties.
Bonterra’s principal assets are located in the Urban-Barry Greenstone Belt in the province’s Abitibi region. Its project portfolio includes the Gladiator, Barry and Moroy gold projects, which the company has explored as part of a broader effort to establish a significant gold development opportunity in the area.
Bonterra Resources is an exploration-stage company and is not primarily engaged in the sale of finished products or the operation of producing mines.
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