Bengal Energy (TSE:BNG) Hits New 12-Month High – Here’s What Happened

Bengal Energy Ltd. (TSE:BNGGet Free Report)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.02, with a volume of 162701 shares changing hands. The stock had previously closed at C$0.02.

Bengal Energy Trading Up 25.0%

The company has a 50-day moving average of C$0.02 and a 200 day moving average of C$0.01. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.76. The company has a market cap of C$12.13 million, a PE ratio of -2.50 and a beta of -0.54.

Bengal Energy Company Profile

(Get Free Report)

Bengal Energy Ltd is involved in the exploration, development and production of oil and gas reserves in Australia. It has two reportable operating segments the Australian oil and gas operations and corporate. Its producing assets are predominantly situated in Australia, in the Cooper Basin, a region featuring large hydrocarbon pools.

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