Shares of Bonterra Energy Corp (TSE:BNE) have been given an average recommendation of “Hold” by the eleven analysts that are covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is C$7.73.
BNE has been the subject of several recent analyst reports. Raymond James reaffirmed a “market perform” rating and set a C$4.00 price objective on shares of Bonterra Energy in a research report on Friday, November 8th. National Bank Financial dropped their target price on shares of Bonterra Energy from C$6.00 to C$5.50 and set a “sector perform” rating on the stock in a research report on Thursday, November 7th. Finally, CIBC dropped their target price on shares of Bonterra Energy from C$7.00 to C$5.00 in a research report on Tuesday, October 15th.
Shares of BNE opened at C$3.67 on Wednesday. The firm has a market cap of $118.53 million and a PE ratio of 9.87. Bonterra Energy has a 52-week low of C$2.86 and a 52-week high of C$8.10. The business’s 50 day moving average price is C$3.27 and its two-hundred day moving average price is C$4.40. The company has a debt-to-equity ratio of 59.87, a quick ratio of 0.39 and a current ratio of 0.50.
The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.12 annualized dividend and a dividend yield of 3.27%. Bonterra Energy’s dividend payout ratio is presently 56.45%.
Bonterra Energy Company Profile
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 located in southwest Saskatchewan, and the Prespatou area located in northeast British Columbia.
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