Bengal Energy Ltd. (TSE:BNG – Get Free Report) shares traded up 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 265,020 shares changed hands during mid-day trading, an increase of 62% from the average session volume of 163,782 shares. The stock had previously closed at C$0.02.
Bengal Energy Trading Down 20.0%
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 business has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.01. The stock has a market capitalization of C$9.71 million, a P/E ratio of -2.00 and a beta of -0.41.
About Bengal Energy
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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