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

FPX Nickel Corp. (CVE:FPXGet Free Report) fell 6.1% during mid-day trading on Wednesday . The company traded as low as C$0.23 and last traded at C$0.23. 52,745 shares were traded during 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 current ratio of 15.48 and a quick ratio of 8.25. The stock has a market cap of C$72.36 million, a P/E ratio of -28.61 and a beta of 0.98. The company has a 50 day simple moving average of C$0.24 and a 200-day simple moving average of 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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