Bengal Energy Ltd. (TSE:BNG – Get Free Report)’s stock price rose 50% on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 514,573 shares changed hands during mid-day trading, an increase of 353% from the average daily volume of 113,478 shares. The stock had previously closed at C$0.02.
Bengal Energy Trading Up 50.0%
The company 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 quick ratio of 1.76 and a current ratio of 1.14. The firm has a market cap of C$15.87 million, a price-to-earnings ratio of -3.00 and a beta of -2.31.
About Bengal Energy
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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