Bonterra Energy Corp (TSE:BNE) Director Acquires C$51,792.00 in Stock

Bonterra Energy Corp (TSE:BNE) Director George Frederick Fink purchased 10,000 shares of the firm’s stock in a transaction on Thursday, June 13th. The stock was bought at an average price of C$5.18 per share, with a total value of C$51,792.00. Following the acquisition, the director now owns 3,728,799 shares in the company, valued at C$19,312,195.78.

George Frederick Fink also recently made the following trade(s):

  • On Wednesday, June 5th, George Frederick Fink bought 10,000 shares of Bonterra Energy stock. The shares were acquired at an average price of C$5.35 per share, with a total value of C$53,500.00.
  • On Thursday, May 30th, George Frederick Fink bought 10,000 shares of Bonterra Energy stock. The shares were acquired at an average price of C$5.80 per share, with a total value of C$58,025.00.
  • On Wednesday, May 15th, George Frederick Fink bought 15,000 shares of Bonterra Energy stock. The shares were acquired at an average price of C$6.68 per share, with a total value of C$100,143.00.
  • On Monday, May 13th, George Frederick Fink bought 15,000 shares of Bonterra Energy stock. The shares were acquired at an average price of C$6.59 per share, with a total value of C$98,899.50.
  • On Wednesday, April 3rd, George Frederick Fink bought 15,000 shares of Bonterra Energy stock. The shares were acquired at an average price of C$6.25 per share, with a total value of C$93,799.50.
  • On Thursday, March 28th, George Frederick Fink bought 18,000 shares of Bonterra Energy stock. The shares were acquired at an average price of C$6.36 per share, with a total value of C$114,480.00.

BNE traded down C$0.10 during trading hours on Friday, hitting C$5.07. 86,200 shares of the stock were exchanged, compared to its average volume of 215,716. Bonterra Energy Corp has a 12 month low of C$5.04 and a 12 month high of C$20.29. The stock has a market capitalization of $169.28 million and a PE ratio of 32.29. The company has a debt-to-equity ratio of 65.18, a current ratio of 0.44 and a quick ratio of 0.38.

Bonterra Energy (TSE:BNE) last announced its quarterly earnings data on Monday, May 6th. The company reported C$0.04 earnings per share (EPS) for the quarter. The firm had revenue of C$49.83 million for the quarter, compared to the consensus estimate of C$52.50 million. As a group, research analysts anticipate that Bonterra Energy Corp will post 0.33 earnings per share for the current fiscal year.

The company also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a dividend of $0.01 per share. This represents a $0.12 annualized dividend and a yield of 2.37%. The ex-dividend date of this dividend is Thursday, June 13th. Bonterra Energy’s dividend payout ratio (DPR) is presently 477.71%.

Several equities analysts have recently commented on the company. TD Securities reduced their target price on Bonterra Energy from C$8.50 to C$7.00 and set a “hold” rating for the company in a research note on Wednesday, February 20th. Raymond James reduced their target price on Bonterra Energy from C$12.00 to C$10.00 and set a “strong-buy” rating for the company in a research note on Tuesday, May 7th. CIBC increased their target price on Bonterra Energy from C$7.00 to C$8.00 in a research note on Tuesday, April 23rd. AltaCorp Capital upgraded Bonterra Energy from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, April 9th. Finally, Canaccord Genuity upgraded Bonterra Energy from a “hold” rating to a “buy” rating and increased their target price for the company from C$7.50 to C$9.00 in a research note on Tuesday, April 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Bonterra Energy has an average rating of “Hold” and an average target price of C$9.48.

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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.

Read More: What is diluted earnings per share (Diluted EPS)?

Insider Buying and Selling by Quarter for Bonterra Energy (TSE:BNE)

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