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Current Water Technologies Expands Market with New Water Treatment System Sale

Story Highlights
  • Current Water Technologies sold a patented system for high purity water production.
  • The sale targets a niche market with significant growth potential, boosting future sales.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Current Water Technologies Inc ( (TSE:WATR) ) has shared an announcement.

Current Water Technologies Inc. announced the sale of a patented water treatment system for producing high purity water, targeting a niche market with significant growth potential. This initiative is expected to lead to substantial future sales, enhancing the company’s market position. Additionally, the company provided an update on a private placement involving insider participation, which did not significantly alter insider ownership percentages.

More about Current Water Technologies Inc

Current Water Technologies Inc. is a technology company specializing in electrochemical technologies for treating wastewater, desalination, and drinking water contaminated by metals or nutrients. The company operates in sectors such as mining, metal processing, chemical, agricultural, municipal, and waste management. It also includes Pumptronics Incorporated, which focuses on custom pump station design and automation.

YTD Price Performance: -16.67%

Average Trading Volume: 108,148

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$5.72M

Learn more about WATR stock on TipRanks’ Stock Analysis page.

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