Bengal Energy Ltd. (TSE:BNG – Get Free Report) shares were down 16.7% during mid-day trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 367,209 shares traded hands during mid-day trading, an increase of 163% from the average daily volume of 139,450 shares. The stock had previously closed at C$0.03.
Bengal Energy Price Performance
The firm has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.03. 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 company has a market cap of C$14.56 million, a P/E ratio of -3.00 and a beta of -2.31.
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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