BQE Water (CVE:BQE) Trading Down 1.6% – What’s Next?

BQE Water Inc. (CVE:BQE) shares dropped 1.6% during mid-day trading on Monday . The company traded as low as C$60.05 and last traded at C$60.05. Approximately 444 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 1,223 shares. The stock had previously closed at C$61.00.

BQE Water Trading Down 1.6 %

The company has a quick ratio of 3.70, a current ratio of 5.62 and a debt-to-equity ratio of 12.98. The firm has a market cap of C$76.86 million, a price-to-earnings ratio of 31.11 and a beta of 0.68. The company has a 50-day moving average price of C$58.79 and a 200 day moving average price of C$58.44.

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.