Bengal Energy Ltd. (TSE:BNG – Get Free Report) shares were down 33.3% during mid-day trading on Monday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 246,465 shares traded hands during mid-day trading, an increase of 281% from the average daily volume of 64,702 shares. The stock had previously closed at C$0.02.
Bengal Energy Stock Performance
The stock has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.02. The company has a quick ratio of 1.76, a current ratio of 1.14 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of C$4.85 million, a price-to-earnings ratio of -0.33 and a beta of 2.19.
Bengal Energy Company Profile
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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