FPX Nickel (CVE:FPX) Trading Up 6.2% – Still a Buy?

FPX Nickel Corp. (CVE:FPXGet Free Report)’s stock price shot up 6.2% during mid-day trading on Thursday . The stock traded as high as C$0.43 and last traded at C$0.43. 23,375 shares were traded during mid-day trading, a decline of 70% from the average session volume of 77,059 shares. The stock had previously closed at C$0.40.

FPX Nickel Stock Up 6.2%

The stock has a market cap of C$133.73 million, a P/E ratio of -42.50 and a beta of 0.37. The firm has a 50 day simple moving average of C$0.43 and a 200-day simple moving average of C$0.32. The company has a quick ratio of 8.25, a current ratio of 15.48 and a debt-to-equity ratio of 0.37.

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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