Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s share price traded down 33.3% during trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. 276,585 shares changed hands during mid-day trading, an increase of 310% from the average session volume of 67,480 shares. The stock had previously closed at C$0.02.
Bengal Energy Price Performance
The stock has a market capitalization of C$4.85 million, a price-to-earnings ratio of -0.33 and a beta of 2.19. The company has a quick ratio of 1.76, a current ratio of 1.14 and a debt-to-equity ratio of 0.03. The stock has a 50 day moving average price of C$0.01 and a 200 day moving average price of C$0.02.
Bengal Energy Company Profile
Bengal Energy Ltd. engages in the exploration, development, and production of oil and gas reserves in Australia. It holds interests in the PL 303 Cuisinier, ATP 934 Barrolka, ATP 732 Tookoonooka, and four petroleum licenses situated within an area of the Cooper Basin. The company was formerly known as Avery Resources Inc and changed its name to Bengal Energy Ltd.
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