BQE Water (CVE:BQE) Shares Climb 2.9% – Here’s What Happened

Shares of BQE Water Inc. (CVE:BQE) were up 2.9% during trading on Tuesday. The stock traded as high as C$70.00 and last traded at C$70.00. Approximately 407 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 758 shares. The stock had previously closed at C$68.00.

BQE Water Stock Performance

The firm has a market capitalization of C$91.90 million, a P/E ratio of 18.44 and a beta of 0.48. The business’s 50-day moving average is C$68.68 and its 200 day moving average is C$71.18. 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.