Shares of Bengal Energy Ltd. (TSE:BNG – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.02, with a volume of 162701 shares trading hands. The stock had previously closed at C$0.02.
Bengal Energy Stock Performance
The stock has a market cap of C$9.71 million, a price-to-earnings ratio of -2.00 and a beta of -0.54. The company’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.01. The company has a quick ratio of 1.76, a current ratio of 1.14 and a debt-to-equity ratio of 0.03.
About Bengal Energy
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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