BQE Water (CVE:BQE) Hits New 52-Week High – Should You Buy?

BQE Water Inc. (CVE:BQEGet Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$64.00 and last traded at C$62.00, with a volume of 5947 shares traded. The stock had previously closed at C$56.00.

BQE Water Trading Up 10.7%

The stock has a market cap of C$80.48 million, a PE ratio of 10.60 and a beta of 0.32. The firm has a 50-day moving average price of C$53.10 and a 200-day moving average price of C$53.47. The company has a debt-to-equity ratio of 12.98, a quick ratio of 3.70 and a current ratio of 5.62.

About BQE Water

(Get Free Report)

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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