BQE Water (CVE:BQE) Hits New 52-Week High - Here's What Happened

Key Points

• New 52-week high: BQE Water shares reached a new 52-week high of C$82.50 on Monday (volume 314 shares), up from a prior close of C$82.35.
• Financials & technicals: The company has a market capitalization of C$107.14 million, a P/E of 13.35, low debt-to-equity (12.98) and strong liquidity (quick ratio 3.70, current ratio 5.62), with 50- and 200-day moving averages of C$69.54 and C$63.71 respectively.
• Business profile: BQE Water provides water-treatment and hydrometallurgy services to the mining and metallurgical industries globally, treating contaminants such as metals, sulphate, selenium, nitrate, ammonia and cyanide.

BQE Water Inc. (CVE:BQE - ) shares hit a new 52-week high during trading on Monday . The stock traded as high as C$82.50 and last traded at C$82.50, with a volume of 314 shares trading hands. The stock had previously closed at C$82.35.

BQE Water Stock Performance

The company has a debt-to-equity ratio of 12.98, a quick ratio of 3.70 and a current ratio of 5.62. The company has a 50 day moving average price of C$69.54 and a 200 day moving average price of C$63.71. The company has a market capitalization of C$107.14 million, a price-to-earnings ratio of 13.35 and a beta of 0.58.

BQE Water Company Profile

BQE Water Inc, a water treatment company, provides wastewater management and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally. It offers water treatment solutions for mine drainage, run-off, waste rock seepage, tailings water, groundwater, and lime plant influent and/or effluent streams for treating metals, sulphate, selenium, nitrate, ammonia, and cyanide in the mining sector; smelting and refining services for treating metals and sulphate; and hydrometallurgy services for the treatment of metals, cyanide, and acids.

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