Atrium Research Forecasts Reduced Earnings for BQE Water

BQE Water Inc. (CVE:BQE) – Equities researchers at Atrium Research cut their FY2024 EPS estimates for BQE Water in a research report issued on Wednesday, February 12th. Atrium Research analyst N. Cortellucci now anticipates that the company will post earnings per share of $3.36 for the year, down from their previous forecast of $3.87. Atrium Research also issued estimates for BQE Water’s Q4 2024 earnings at $0.40 EPS and FY2024 earnings at $3.36 EPS.

BQE Water Stock Performance

Shares of CVE:BQE opened at C$59.05 on Monday. The firm has a market cap of C$75.58 million, a PE ratio of 30.60 and a beta of 0.68. The firm’s 50 day simple moving average is C$60.64 and its 200-day simple moving average is C$59.38. BQE Water has a one year low of C$32.00 and a one year high of C$69.00. The company has a debt-to-equity ratio of 12.98, a quick ratio of 3.70 and a current ratio of 5.62.

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.