Bonterra Energy Corp Increases Again; Strong Momentum for Buyers

 Bonterra Energy Corp Increases Again; Strong Momentum for Buyers

The stock of Bonterra Energy Corp (TSE:BNE) is a huge mover today! About 101,108 shares traded hands or 51.49% up from the average. Bonterra Energy Corp (TSE:BNE) has risen 11.00% since April 11, 2016 and is uptrending. It has outperformed by 7.07% the S&P500.
The move comes after 5 months positive chart setup for the $823.65 million company. It was reported on Nov, 15 by Barchart.com. We have $41.14 PT which if reached, will make TSE:BNE worth $560.08M more.

Bonterra Energy Corp (TSE:BNE) Ratings Coverage

Out of 6 analysts covering Bonterra Energy Corp (TSE:BNE), 4 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 67% are positive. Bonterra Energy Corp has been the topic of 26 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Bonterra Energy Corp (TSE:BNE) earned “Sector Perform” rating by Scotia Capital on Friday, August 12. The firm earned “” rating on Monday, June 6 by Raymond James. The firm has “” rating by Desjardins Securities given on Tuesday, June 28. TD Securities maintained the stock with “Buy” rating in Friday, August 12 report. Scotia Capital maintained the shares of BNE in a report on Friday, November 11 with “Sector Perform” rating. The stock has “Underperform” rating given by IBC on Wednesday, June 15.

Another recent and important Bonterra Energy Corp (TSE:BNE) news was published by Forbes.com which published an article titled: “Reminder – Bonterra Energy (BNE) Goes Ex-Dividend Soon” on September 09, 2016.

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 $823.65 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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