BQE Water (CVE:BQE) Shares Down 2% – Here’s What Happened

BQE Water Inc. (CVE:BQE) shares traded down 2% during mid-day trading on Wednesday . The stock traded as low as C$69.96 and last traded at C$69.96. 923 shares were traded during mid-day trading, a decline of 4% from the average session volume of 959 shares. The stock had previously closed at C$71.40.

BQE Water Price Performance

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 firm’s fifty day simple moving average is C$76.28 and its 200 day simple moving average is C$70.06. The stock has a market capitalization of C$87.97 million, a price-to-earnings ratio of 17.52 and a beta of 0.48.

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.