FPX Nickel (CVE:FPX) Trading Down 2.1% – Here’s Why

FPX Nickel Corp. (CVE:FPXGet Free Report) dropped 2.1% on Thursday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 42,500 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 39,276 shares. The stock had previously closed at C$0.24.

FPX Nickel Stock Performance

The firm has a market cap of C$74.00 million, a PE ratio of -23.50 and a beta of 0.98. The firm has a 50-day moving average price of C$0.25 and a two-hundred day moving average price of C$0.27. The company has a quick ratio of 8.25, a current ratio of 15.53 and a debt-to-equity ratio of 0.43.

About FPX Nickel

(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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