Bengal Energy (TSE:BNG) Sets New 12-Month High – What’s Next?

Bengal Energy Ltd. (TSE:BNGGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.02, with a volume of 15272 shares trading hands. The stock had previously closed at C$0.03.

Bengal Energy Trading Up 25.0%

The company has a market cap of C$12.13 million, a price-to-earnings ratio of -2.50 and a beta of -0.41. The company has a current ratio of 1.14, a quick ratio of 1.76 and a debt-to-equity ratio of 0.03. The business’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.01.

Bengal Energy Company Profile

(Get Free Report)

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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