Bengal Energy Ltd. (TSE:BNG – Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 42000 shares traded. The stock had previously closed at C$0.01.
Bengal Energy Price Performance
The firm has a market capitalization of C$4.85 million, a P/E ratio of -0.33 and a beta of 2.19. The business’s 50 day moving average is C$0.01 and its 200-day moving average is 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.
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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