Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s share price traded up 50% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 455,000 shares traded hands during trading, an increase of 570% from the average session volume of 67,877 shares. The stock had previously closed at C$0.01.
Bengal Energy Price Performance
The firm has a market cap of C$7.28 million, a P/E ratio of -0.50 and a beta of 2.19. The business has a fifty day moving average of C$0.01 and a 200 day moving average of C$0.02. The company has a quick ratio of 1.76, a current ratio of 1.14 and a debt-to-equity ratio of 0.03.
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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