Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 9500 shares trading hands. 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 quick ratio of 1.76 and a current ratio of 1.14. The firm has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The firm has a market cap of C$2.43 million, a PE ratio of -0.17 and a beta of 2.19.
Bengal Energy Company Profile
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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