Is Selling Stock Like Bonterra Energy Corp After Such Decline Winning Strategy?


The stock of Bonterra Energy Corp (TSE:BNE) is a huge mover today! About 65,049 shares traded hands. Bonterra Energy Corp (TSE:BNE) has risen 55.00% since February 5, 2016 and is uptrending. It has outperformed by 38.51% the S&P500.
The move comes after 6 months negative chart setup for the $778.36M company. It was reported on Sep, 13 by We have $21.96 PT which if reached, will make TSE:BNE worth $70.05M less.

Out of 5 analysts covering Bonterra Energy Corp (TSE:BNE), 3 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 60% are positive. Bonterra Energy Corp has been the topic of 19 analyst reports since September 16, 2015 according to StockzIntelligence Inc.

Bonterra Energy Corp. is an gas and oil firm that is primarily focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The company has a market cap of $778.36 million. The Firm operates in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin segment. It currently has negative earnings. The Company’s assets consist of natural gas and crude oil assets.

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