BQE Water (CVE:BQE) Trading Up 5.9% – Here’s Why

BQE Water Inc. (CVE:BQE) shares traded up 5.9% on Wednesday . The stock traded as high as C$71.99 and last traded at C$71.99. 100 shares were traded during mid-day trading, a decline of 88% from the average session volume of 818 shares. The stock had previously closed at C$67.95.

BQE Water Stock Up 5.9%

The stock has a market cap of C$93.66 million, a price-to-earnings ratio of 18.80 and a beta of 0.40. The firm’s fifty day moving average price is C$71.16 and its two-hundred day moving average price is C$71.84. The company has a debt-to-equity ratio of 12.98, a current ratio of 5.62 and a quick ratio of 3.70.

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.