Bengal Energy Ltd. (TSE:BNG – Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1000 shares trading hands. The stock had previously closed at C$0.02.
Bengal Energy Price Performance
The firm has a market capitalization of C$9.71 million, a P/E ratio of -0.67 and a beta of 2.19. The stock’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is C$0.03. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.76.
About Bengal Energy
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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