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

BQE Water Inc. (CVE:BQE)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as C$73.00 and last traded at C$73.00, with a volume of 1256 shares changing hands. The stock had previously closed at C$72.00.

BQE Water Stock Up 1.4%

The company’s 50 day moving average is C$66.59 and its 200 day moving average is C$58.09. The company has a market cap of C$94.75 million, a PE ratio of 12.48 and a beta of 0.57. The company has a current ratio of 5.62, a quick ratio of 3.70 and a debt-to-equity ratio of 12.98.

BQE Water Company Profile

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.