BQE Water (CVE:BQE) Shares Break Above 50-Day Moving Average – Here’s What Happened

BQE Water Inc. (CVE:BQE)’s stock price crossed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of C$68.65 and traded as high as C$70.00. BQE Water shares last traded at C$70.00, with a volume of 407 shares traded.

BQE Water Price Performance

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 capitalization of C$91.90 million, a P/E ratio of 18.44 and a beta of 0.48. The company has a fifty day simple moving average of C$68.72 and a two-hundred day simple moving average of C$71.18.

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.