Bonterra Resources (CVE:BTR) Upgraded to Moderate Buy at Cormark

Cormark upgraded shares of Bonterra Resources (CVE:BTR) to a moderate buy rating in a research report report published on Thursday morning,Zacks.com reports.

Bonterra Resources Stock Performance

CVE BTR opened at C$0.23 on Thursday. The stock has a market capitalization of C$37.55 million, a price-to-earnings ratio of -3.33 and a beta of 1.76. The stock’s 50 day moving average price is C$0.22 and its two-hundred day moving average price is C$0.24. Bonterra Resources has a 52 week low of C$0.19 and a 52 week high of C$0.34.

Bonterra Resources Company Profile

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.