BQE Water (CVE:BQE) Sets New 12-Month High – Should You Buy?

BQE Water Inc. (CVE:BQE) hit a new 52-week high during mid-day 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 trading hands. The stock had previously closed at C$72.00.

BQE Water Price Performance

The company has a 50 day moving average of C$67.36 and a 200 day moving average of C$58.32. 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 stock has a market capitalization of C$95.71 million, a price-to-earnings ratio of 12.61 and a beta of 0.57.

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.