Bengal Energy (TSE:BNG) Sets New 12-Month High – Here’s What Happened

Shares of Bengal Energy Ltd. (TSE:BNGGet Free Report) reached a new 52-week high on Monday . The company traded as high as C$0.03 and last traded at C$0.02, with a volume of 15272 shares. The stock had previously closed at C$0.03.

Bengal Energy Stock Up 25.0%

The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 1.14. The firm has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.01. The firm has a market cap of C$12.13 million, a price-to-earnings ratio of -2.50 and a beta of -0.41.

Bengal Energy Company Profile

(Get Free Report)

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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