Bengal Energy Ltd. (TSE:BNG – Get Free Report) shares reached a new 52-week low on Friday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.01.
Bengal Energy Price Performance
The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.76. The firm’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The stock has a market cap of C$4.85 million, a price-to-earnings ratio of -0.33 and a beta of 2.19.
About Bengal Energy
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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