BQE Water (CVE:BQE) Stock Price Down 1.1% - Here's What Happened

Key Points

• BQE Water (CVE:BQE) fell 1.1% mid-day to C$69.20 after trading as low as C$69.00, with just 528 shares changing hands—about a 42% decline versus its average session volume of 905.
• Market capitalization C$89.82M with a P/E of 11.83, low beta (0.58), strong liquidity (quick ratio 3.70, current ratio 5.62) and low leverage (debt-to-equity 12.98); the stock sits above its 50-day (C$68.53) and 200-day (C$61.71) moving averages.
• BQE Water provides water treatment and wastewater-management solutions to the mining and metallurgical industries globally, including treatment for metals, sulphate, selenium, nitrate, ammonia and cyanide, plus smelting and hydrometallurgy services.

Shares of BQE Water Inc. (CVE:BQE - ) traded down 1.1% during mid-day trading on Tuesday . The company traded as low as C$69.00 and last traded at C$69.20. 528 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 905 shares. The stock had previously closed at C$70.00.

BQE Water Stock Performance

The firm has a market capitalization of C$89.82 million, a price-to-earnings ratio of 11.83 and a beta of 0.58. The company has a quick ratio of 3.70, a current ratio of 5.62 and a debt-to-equity ratio of 12.98. The stock has a 50-day moving average price of C$68.53 and a 200 day moving average price of C$61.71.

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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