BQE Water (CVE:BQE) Hits New 52-Week High – Still a Buy?

BQE Water Inc. (CVE:BQE)’s stock price hit a new 52-week high on Monday . The stock traded as high as C$82.50 and last traded at C$82.50, with a volume of 314 shares changing hands. The stock had previously closed at C$82.35.

BQE Water Stock Performance

The firm has a fifty day simple moving average of C$69.92 and a 200 day simple moving average of C$64.15. The company has a current ratio of 5.62, a quick ratio of 3.70 and a debt-to-equity ratio of 12.98. The stock has a market cap of C$106.83 million, a price-to-earnings ratio of 13.31 and a beta of 0.60.

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.