Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s share price traded up 25% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 201,792 shares changed hands during mid-day trading, an increase of 54% from the average session volume of 130,790 shares. The stock had previously closed at C$0.02.
Bengal Energy Stock Performance
The company has a current ratio of 1.14, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03. The stock’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.03. The stock has a market capitalization of C$12.13 million, a price-to-earnings ratio of -2.50 and a beta of -2.20.
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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