Professional
Added to YB: 2026-02-20
Pitch date: 2026-02-18
BQE.V [bullish]
BQE Water Inc.
+1.39%
current return
Author Info
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Company Info
BQE Water Inc., a water treatment company, provides wastewater management services and treatment solutions to the mining and metallurgical industry in Canada, the United States, Latin America, China, and internationally.
Market Cap
CAD 93.5M
Pitch Price
CAD 72.00
Price Target
90.00 (+23%)
Dividend
N/A
EV/EBITDA
12.44
P/E
12.29
EV/Sales
2.38
Sector
Commercial Services and Supplies
Category
growth
BQE Water – Signs New Contract; Increasing Target Price
BQE.V (increased price target): Signed 2026 Eagle Gold Mine water treatment contract; December Britannia Mine contract = largest in history. FY25E: $38M rev, $9.4M adj EBITDA (41% GM). 2026E: $10.9M EBITDA. Trades 7.3x 2026E EBITDA vs peers 9.8x-12.2x despite superior growth/margins. Recurring rev grew 13%→42% (2020-24). $14.7M net cash, no debt. Price target raised to $90 (prev $80). BUY.
Read full article (3 min)