Bengal Energy Ltd. (TSE:BNG – Get Free Report) traded up 100% during mid-day trading on Monday . The stock traded as high as C$0.02 and last traded at C$0.01. 2,158,600 shares traded hands during trading, an increase of 3,137% from the average session volume of 66,692 shares. The stock had previously closed at C$0.01.
Bengal Energy Price Performance
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 has a market capitalization of C$7.28 million, a price-to-earnings ratio of -0.33 and a beta of 2.19. The business’s fifty day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02.
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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