Shares of Bengal Energy Ltd. (TSE:BNG – Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 4140 shares. The stock had previously closed at C$0.02.
Bengal Energy Stock Performance
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’s 50-day moving average is C$0.02 and its two-hundred day moving average is C$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.
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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