Shares of Bengal Energy Ltd. (TSE:BNG – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02, with a volume of 1957694 shares. The stock had previously closed at C$0.02.
Bengal Energy Stock Up 25.0%
The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 1.14. The stock’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a market cap of C$12.13 million, a PE ratio of -2.50 and a beta of -0.51.
Bengal Energy (TSE:BNG – Get Free Report) last posted its quarterly earnings results on Tuesday, November 11th. The company reported C$0.00 earnings per share for the quarter. Bengal Energy had a negative net margin of 188.21% and a negative return on equity of 36.76%. The business had revenue of C$0.89 million during the quarter.
Bengal Energy Company Profile
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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