Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s share price rose 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 2,010,694 shares were traded during trading, an increase of 667% from the average daily volume of 262,125 shares. The stock had previously closed at C$0.02.
Bengal Energy Stock Performance
The stock’s 50-day moving average is C$0.01 and its 200 day moving average is C$0.01. The firm has a market cap of C$9.71 million, a P/E ratio of -2.00 and a beta of -0.51. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 1.14.
Bengal Energy (TSE:BNG – Get Free Report) last released its quarterly earnings data 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 business had revenue of C$0.89 million for the quarter.
Bengal Energy Company Profile
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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