BQE Water (CVE:BQE) Stock Price Up 0.3% - Here's What Happened

Key Points

• BQE Water Inc. saw its stock price increase by 0.3% to C$53.27 during mid-day trading, though the trading volume fell significantly to 235 shares.
• The company has a market capitalization of C$69.04 million and a P/E ratio of 8.23, indicating relatively low stock valuation compared to earnings.
• BQE Water provides wastewater management and treatment solutions to the mining industry across several regions, addressing contaminants such as metals and cyanide.

Shares of BQE Water Inc. (CVE:BQE - Get Free Report) traded up 0.3% on Friday . The company traded as high as C$53.27 and last traded at C$53.27. 235 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 898 shares. The stock had previously closed at C$53.12.

BQE Water Trading Up 0.3%

The business's 50 day simple moving average is C$54.43 and its 200 day simple moving average is C$53.13. The stock has a market cap of C$69.04 million, a price-to-earnings ratio of 8.23 and a beta of 0.32. The company has a quick ratio of 3.70, a current ratio of 5.62 and a debt-to-equity ratio of 12.98.

About BQE Water

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.