The Bonterra Energy Corp Announces Monthly Dividend of $0.10 (BNE)

The Bonterra Energy Corp Announces Monthly Dividend of $0.10 (BNE)

Shares of Bonterra Energy Corp (TSE:BNE) opened at 16.01 on Monday. Bonterra Energy Corp has a 52 week low of $15.61 and a 52 week high of $29.76. The firm’s market cap is $533.29 million. The stock has a 50 day moving average of $18.69 and a 200 day moving average of $23.49.

Bonterra Energy Corp (TSE:BNE) announced a monthly dividend on Thursday, May 11th. Shareholders of record on Wednesday, May 31st will be given a dividend of 0.10 per share on Wednesday, May 31st. This represents a $1.20 dividend on an annualized basis and a yield of 7.50%. The ex-dividend date is Thursday, May 11th.

In other news, insider George Frederick Fink bought 5,500 shares of the stock in a transaction on Friday, May 19th. The shares were purchased at an average cost of C$18.54 per share, for a total transaction of C$101,970.00. Over the last 90 days, insiders acquired 45,000 shares of company stock worth $766,658. Several research firms have weighed in on BNE. Raymond James Financial, Inc. cut their price objective on Bonterra Energy Corp from C$31.00 to C$29.00 and set an “outperform” rating on the stock in a research report on Thursday, May 11th. AltaCorp Capital raised Bonterra Energy Corp from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, March 15th. Scotiabank reissued a “sector perform” rating and issued a C$31.50 price objective on shares of Bonterra Energy Corp in a research report on Wednesday, March 15th. BMO Capital Markets cut their price objective on Bonterra Energy Corp from C$32.00 to C$26.00 in a research report on Wednesday, March 15th. Finally, TD Securities reissued a “buy” rating and issued a C$33.00 price objective on shares of Bonterra Energy Corp in a research report on Wednesday, March 15th. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Bonterra Energy Corp currently has an average rating of “Buy” and a consensus target price of C$29.83.

Bonterra Energy Corp Company Profile 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:BNE”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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