Bonterra Energy Corp (TSE:BNE) announced a monthly dividend on Thursday, February 1st, Zacks reports. Shareholders of record on Thursday, February 15th will be given a dividend of 0.10 per share on Wednesday, February 28th. This represents a $1.20 annualized dividend and a yield of 8.82%. The ex-dividend date is Wednesday, February 14th.
Shares of Bonterra Energy (TSE BNE) opened at C$13.60 on Tuesday. Bonterra Energy has a 52 week low of C$12.26 and a 52 week high of C$25.80. The firm has a market cap of $453.03, a price-to-earnings ratio of -680.00 and a beta of 1.06.
In other Bonterra Energy news, insider George Frederick Fink bought 5,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was bought at an average cost of C$12.95 per share, with a total value of C$64,750.00. Over the last three months, insiders have bought 25,000 shares of company stock valued at $345,400.
BNE has been the subject of several research analyst reports. Eight Capital decreased their price target on shares of Bonterra Energy from C$20.00 to C$18.50 in a research note on Thursday, February 8th. Raymond James Financial decreased their price target on shares of Bonterra Energy from C$24.00 to C$22.00 in a research note on Monday, February 5th. TD Securities lifted their price target on shares of Bonterra Energy from C$18.50 to C$19.50 and gave the company a “buy” rating in a research note on Thursday, November 9th. National Bank Financial lifted their price target on shares of Bonterra Energy from C$21.00 to C$21.50 and gave the company an “outperform” rating in a research note on Tuesday, January 9th. Finally, AltaCorp Capital raised shares of Bonterra Energy from a “sector perform” rating to an “outperform” rating in a research note on Thursday, December 21st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of C$21.33.
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About Bonterra Energy
Bonterra Energy Corp. (Bonterra) is an oil and gas company. The Company is focused on the development of its Cardium land within the Pembina and Willesden Green areas located in central Alberta. The Company is engaged in the development and production of oil and natural gas in the Western Canadian Sedimentary Basin.
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