Bengal Energy Ltd. (TSE:BNG – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.03 and traded as high as C$0.04. Bengal Energy shares last traded at C$0.04, with a volume of 7,857 shares.
Bengal Energy Stock Performance
The stock has a market cap of C$16.99 million, a PE ratio of -90.00 and a beta of 2.57. The stock has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 0.98.
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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