BQE Water (CVE:BQE) Hits New 12-Month High at $64.00

BQE Water Inc. (CVE:BQE)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$64.00 and last traded at C$65.00, with a volume of 5132 shares changing hands. The stock had previously closed at C$61.03.

BQE Water Trading Up 10.1 %

The company has a market capitalization of C$84.67 million, a price-to-earnings ratio of 39.76 and a beta of 0.69. The company has a debt-to-equity ratio of 12.98, a quick ratio of 3.70 and a current ratio of 5.83. The business’s 50 day moving average price is C$44.53 and its two-hundred day moving average price is C$35.46.

BQE Water (CVE:BQE) last issued its quarterly earnings results on Thursday, April 25th. The company reported C$0.20 earnings per share for the quarter. BQE Water had a return on equity of 19.36% and a net margin of 14.63%. The firm had revenue of C$5.01 million for the quarter.

Insider Buying and Selling

In other news, insider Robert Stein purchased 8,880 shares of the stock in a transaction that occurred on Wednesday, March 13th. The stock was acquired at an average price of C$36.00 per share, with a total value of C$319,680.00. 53.43% of the stock is owned by corporate insiders.

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.