Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 Up 16.7 %
The firm has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.03. The stock has a market capitalization of C$16.99 million, a price-to-earnings ratio of -90.00 and a beta of 2.57. The company has a current ratio of 0.98, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03.
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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