Bengal Energy Ltd. (TSE:BNG – Get Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as C$0.02 and last traded at C$0.02, with a volume of 1957694 shares. The stock had previously closed at C$0.02.
Bengal Energy Trading Up 33.3%
The business’s 50 day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.76. The stock has a market capitalization of C$9.71 million, a P/E ratio of -2.00 and a beta of -0.51.
Bengal Energy (TSE:BNG – Get Free Report) last posted its quarterly earnings results on Tuesday, November 11th. The company reported C$0.00 earnings per share for the quarter. Bengal Energy had a negative return on equity of 36.76% and a negative net margin of 188.21%.The company had revenue of C$0.89 million for the quarter.
About Bengal Energy
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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