Atrium Research Forecasts Reduced Earnings for BQE Water

BQE Water Inc. (CVE:BQE) – Equities researchers at Atrium Research cut their FY2024 earnings estimates for BQE Water in a report released on Wednesday, February 12th. Atrium Research analyst N. Cortellucci now expects 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 Price Performance

Shares of BQE opened at C$59.05 on Monday. The company has a market cap of C$75.58 million, a price-to-earnings ratio of 30.60 and a beta of 0.68. BQE Water has a twelve month low of C$32.00 and a twelve month high of C$69.00. The company has a quick ratio of 3.70, a current ratio of 5.62 and a debt-to-equity ratio of 12.98. The company has a 50 day moving average of C$60.64 and a two-hundred day moving average of C$59.38.

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.