Bonterra Resources Inc. (OTCMKTS:BONXF) Sees Large Increase in Short Interest

Bonterra Resources Inc. (OTCMKTS:BONXF) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 81,900 shares, a growth of 191.5% from the October 15th total of 28,100 shares. Based on an average daily trading volume, of 177,200 shares, the days-to-cover ratio is presently 0.5 days.

Bonterra Resources Price Performance

Shares of Bonterra Resources stock opened at $0.18 on Wednesday. The company’s 50-day moving average price is $0.20 and its 200-day moving average price is $0.19. Bonterra Resources has a 12-month low of $0.12 and a 12-month high of $0.26.

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.