Bengal Energy (TSE:BNG) Sets New 1-Year Low – Here’s What Happened

Bengal Energy Ltd. (TSE:BNGGet Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 5630 shares changing hands. The stock had previously closed at C$0.01.

Bengal Energy Stock Up 100.0 %

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 stock has a market capitalization of C$4.85 million, a P/E ratio of -0.33 and a beta of 2.19. The business has a 50-day moving average price of C$0.01 and a 200 day moving average price of C$0.01.

Bengal Energy Company Profile

(Get Free Report)

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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