Cormark Upgrades Bonterra Resources (CVE:BTR) to “Moderate Buy”

Bonterra Resources (CVE:BTR) was upgraded by equities research analysts at Cormark to a “moderate buy” rating in a report issued on Thursday,Zacks.com reports.

Bonterra Resources Stock Down 2.2 %

BTR opened at C$0.23 on Thursday. The company has a market cap of C$37.55 million, a price-to-earnings ratio of -3.33 and a beta of 1.76. Bonterra Resources has a 52-week low of C$0.19 and a 52-week high of C$0.34. The firm’s fifty day simple moving average is C$0.22 and its two-hundred day simple moving average is C$0.24.

About Bonterra Resources

Bonterra Resources Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It explores primarily for gold and silver deposits. The company's primary projects include the Gladiator, Moroy, and Barry deposits. It also owns 100% interest in the Bachelor Mill. Bonterra Resources Inc was incorporated in 2007 and is headquartered in Val-D'or, Canada.