FPX Nickel (CVE:FPX) Trading Down 2.3% – Here’s What Happened

FPX Nickel Corp. (CVE:FPXGet Free Report)’s share price fell 2.3% during mid-day trading on Wednesday . The stock traded as low as C$0.42 and last traded at C$0.42. 53,528 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 111,767 shares. The stock had previously closed at C$0.43.

FPX Nickel Price Performance

The stock has a market capitalization of C$118.36 million, a price-to-earnings ratio of -18.75 and a beta of 0.93. The company has a current ratio of 15.26, a quick ratio of 8.25 and a debt-to-equity ratio of 0.11. The stock has a 50-day simple moving average of C$0.48 and a 200 day simple moving average of C$0.50.

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. and changed its name to FPX Nickel Corp. in May 2017. FPX Nickel Corp. was incorporated in 1995 and is headquartered in Vancouver, Canada.

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