Bengal Energy (TSE:BNG) Hits New 12-Month Low at $0.06

Bengal Energy Ltd (TSE:BNG)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 8000 shares traded. The stock had previously closed at C$0.07.

The stock has a market cap of $6.14 million and a PE ratio of -2.40. The business has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.10. The company has a current ratio of 0.22, a quick ratio of 0.21 and a debt-to-equity ratio of 87.52.

Bengal Energy Company Profile (TSE:BNG)

Bengal Energy Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves in Australia and India. It principally holds interests in the Cuisinier, Barrolka, and Tookoonooka situated within an area of the Cooper Basin. The company was formerly known as Avery Resources and changed its name to Bengal Energy Ltd.

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