BQE Water (CVE:BQE) Shares Down 2.9% – Here’s Why

BQE Water Inc. (CVE:BQE) traded down 2.9% during trading on Tuesday. The company traded as low as C$66.00 and last traded at C$66.00. Approximately 501 shares traded hands during trading, a decline of 36% from the average session volume of 787 shares. The stock had previously closed at C$68.00.

BQE Water Stock Down 2.9%

The stock has a 50 day moving average price of C$69.15 and a 200 day moving average price of C$72.16. The company has a debt-to-equity ratio of 12.98, a quick ratio of 3.70 and a current ratio of 5.62. The company has a market capitalization of C$85.87 million, a P/E ratio of 17.23 and a beta of 0.57.

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.