FPX Nickel (CVE:FPX) Trading Down 6.1% – Here’s Why

Shares of FPX Nickel Corp. (CVE:FPXGet Free Report) fell 6.1% during trading on Wednesday . The stock traded as low as C$0.23 and last traded at C$0.23. 52,745 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 53,895 shares. The stock had previously closed at C$0.25.

FPX Nickel Stock Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 8.25 and a current ratio of 15.48. The company has a market cap of C$70.79 million, a P/E ratio of -27.98 and a beta of 0.98. The stock’s fifty day moving average price is C$0.24 and its two-hundred day moving average price is C$0.26.

FPX Nickel Company Profile

(Get Free Report)

FPX Nickel Corp., a junior nickel mining company, engages in the acquisition, exploration, and development of mineral resource properties in Canada. Its flagship property is Baptiste Nickel project located in Decar Nickel District in central British Columbia. The company was formerly known as First Point Minerals Corp.

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