Bengal Energy Ltd. (TSE:BNG – Get Free Report) shares traded up 50% during trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. 455,000 shares changed 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 Trading Up 50.0 %
The firm has a market capitalization of C$7.28 million, a price-to-earnings ratio of -0.50 and a beta of 2.19. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.76. The firm’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02.
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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