Shares of Bengal Energy Ltd. (TSE:BNG – Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 52000 shares changing hands. The stock had previously closed at C$0.02.
Bengal Energy Price 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 business’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.03. The firm has a market cap of C$12.13 million, a price-to-earnings ratio of -0.67 and a beta of 2.19.
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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