Bonterra Energy Corp (TSE:BNE) declared a monthly dividend on Thursday, November 29th, Zacks reports. Stockholders of record on Friday, December 14th will be given a dividend of 0.01 per share on Monday, December 31st. This represents a $0.12 annualized dividend and a dividend yield of 1.74%. The ex-dividend date is Thursday, December 13th.
Shares of TSE:BNE traded down C$0.24 during trading on Friday, hitting C$6.90. 383,200 shares of the company traded hands, compared to its average volume of 152,072. Bonterra Energy has a one year low of C$6.86 and a one year high of C$20.29. The company has a quick ratio of 0.36, a current ratio of 0.44 and a debt-to-equity ratio of 62.98.
Bonterra Energy (TSE:BNE) last issued its quarterly earnings data on Wednesday, November 7th. The company reported C$0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.33 by C($0.16). The company had revenue of C$63.82 million during the quarter, compared to analyst estimates of C$69.20 million. As a group, sell-side analysts anticipate that Bonterra Energy will post 1.05999999385507 earnings per share for the current fiscal year.
A number of equities analysts recently issued reports on the company. TD Securities decreased their price objective on Bonterra Energy from C$14.50 to C$10.50 and set a “hold” rating for the company in a report on Monday, December 3rd. BMO Capital Markets decreased their price objective on Bonterra Energy from C$13.50 to C$10.00 in a report on Friday, November 30th. CIBC decreased their price objective on Bonterra Energy from C$13.00 to C$11.00 in a report on Friday, November 30th. AltaCorp Capital lowered Bonterra Energy from an “outperform” rating to a “sector perform” rating in a report on Thursday, November 8th. Finally, Eight Capital decreased their price target on Bonterra Energy from C$17.50 to C$17.00 in a research note on Thursday, November 8th.
In other news, insider George Frederick Fink purchased 2,500 shares of the firm’s stock in a transaction on Tuesday, September 18th. The stock was purchased at an average cost of C$17.75 per share, with a total value of C$44,375.00. Also, insider Robb Douglas Thompson purchased 4,500 shares of the firm’s stock in a transaction on Tuesday, December 4th. The shares were purchased at an average cost of C$7.66 per share, with a total value of C$34,470.00. Over the last ninety days, insiders have acquired 22,000 shares of company stock valued at $224,895.
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About Bonterra Energy
Bonterra Energy Corp., an upstream oil and gas company, engages in the production and sale of crude oil, natural gas, and natural gas liquids. It primarily focuses on the development of its Cardium zone within the Pembina and Willesden Green areas located in west central Alberta. The company also holds interests in the Shaunavon area in Saskatchewan, and the Prespatou area of northeast British Columbia.
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