Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s stock price hit a new 52-week low on Friday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 20000 shares. The stock had previously closed at C$0.01.
Bengal Energy Stock Performance
The stock’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.02. 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 company has a market capitalization of C$4.85 million, a P/E ratio of -0.33 and a beta of 2.19.
About Bengal Energy
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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