Bengal Energy (TSE:BNG) Stock Price Up 50% – What’s Next?

Shares of Bengal Energy Ltd. (TSE:BNG – Get Free Report) shot up 50% during trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 514,573 shares traded 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 debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.76. The stock has a market cap of C$15.87 million, a PE ratio of -3.00 and a beta of -2.31. The company’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.03.

Bengal Energy Company Profile

(Get Free Report)

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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