Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1387 shares. The stock had previously closed at C$0.03.
Bengal Energy Trading Down 20.0 %
The firm’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.06 and a quick ratio of 1.76. The stock has a market cap of C$9.71 million, a P/E ratio of -0.83 and a beta of 2.19.
Bengal Energy (TSE:BNG – Get Free Report) last issued its earnings results on Thursday, June 13th. The company reported C($0.02) EPS for the quarter. The business had revenue of C$1.82 million for the quarter. Bengal Energy had a negative net margin of 196.39% and a negative return on equity of 36.77%.
Bengal Energy Company Profile
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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