Shares of Bengal Energy Ltd. (TSE:BNG – Get Free Report) fell 33.3% during trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01. 207,299 shares traded hands during mid-day trading, an increase of 338% from the average session volume of 47,290 shares. The stock had previously closed at C$0.02.
Bengal Energy Trading Up 50.0 %
The company has a market capitalization of C$7.28 million, a PE ratio of -0.50 and a beta of 2.19. 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$0.01 and its two-hundred day simple moving average is C$0.01.
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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