Bengal Energy Ltd. (BNG.TO) (TSE:BNG) Stock Price Down 16.7%

Bengal Energy Ltd. (BNG.TO) (TSE:BNG)’s stock price traded down 16.7% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 139,000 shares changed hands during trading, an increase of 116% from the average session volume of 64,333 shares. The stock had previously closed at C$0.03.

The company has a debt-to-equity ratio of 90.55, a quick ratio of 0.14 and a current ratio of 0.17. The firm has a market cap of C$4.09 million and a PE ratio of -2.50. The stock has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.04.

Bengal Energy Ltd. (BNG.TO) Company Profile (TSE:BNG)

Bengal Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves in Australia. It principally holds interests in the Cuisinier, Barrolka, and Tookoonooka situated within an area of the Cooper Basin. The company was formerly known as Avery Resources and changed its name to Bengal Energy Ltd.

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