BQE Water (CVE:BQE) Hits New 1-Year High – Should You Buy?

Shares of BQE Water Inc. (CVE:BQE) hit a new 52-week high during trading on Wednesday . The stock traded as high as C$73.90 and last traded at C$73.90, with a volume of 437 shares. The stock had previously closed at C$73.75.

BQE Water Price Performance

The company’s fifty day moving average price is C$68.08 and its two-hundred day moving average price is C$58.66. 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 company has a market cap of C$95.92 million, a price-to-earnings ratio of 12.63 and a beta of 0.57.

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.