BQE Water (CVE:BQE) Stock Price Up 2.9% - Here's What Happened

BQE Water Inc. (CVE:BQE - Get Free Report) shot up 2.9% during trading on Wednesday . The stock traded as high as C$54.00 and last traded at C$54.00. 1,690 shares traded hands during trading, an increase of 127% from the average session volume of 743 shares. The stock had previously closed at C$52.50.

BQE Water Stock Performance

The stock's 50 day moving average price is C$51.56 and its two-hundred day moving average price is C$55.44. The company has a current ratio of 5.62, a quick ratio of 3.70 and a debt-to-equity ratio of 12.98. The firm has a market capitalization of C$68.61 million, a price-to-earnings ratio of 27.77 and a beta of 0.68.

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.