Shares of Bengal Energy Ltd. (TSE:BNG – Get Free Report) were up 16.7% on Wednesday. The company traded as high as C$0.04 and last traded at C$0.04. Approximately 247,077 shares traded hands during trading, an increase of 117% from the average session volume of 113,875 shares. The stock had previously closed at C$0.03.
Bengal Energy Stock Performance
The company has a market capitalization of C$21.16 million, a P/E ratio of -4.00 and a beta of -2.93. The company’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.03. The company has a current ratio of 1.14, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03.
Bengal Energy Company Profile
Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia. The Company is committed to growing shareholder value through international exploration, production, and acquisitions. Bengal’s common shares trade on the TSX under the symbol ‘BNG’. Additional information is available at www.bengalenergy.
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