Bengal Energy Ltd. (TSE:BNG – Get Free Report) rose 25% on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. 313,000 shares changed hands during trading, an increase of 177% from the average session volume of 113,140 shares. The stock had previously closed at C$0.02.
Bengal Energy Stock Performance
The company has a market capitalization of C$13.22 million, a price-to-earnings ratio of -2.50 and a beta of -2.31. The stock has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.03. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.76.
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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