FPX Nickel (CVE:FPX) Trading Down 3.4% – What’s Next?

FPX Nickel Corp. (CVE:FPXGet Free Report)’s stock price fell 3.4% on Tuesday . The stock traded as low as C$0.28 and last traded at C$0.28. 47,856 shares were traded during trading, a decline of 29% from the average session volume of 67,218 shares. The stock had previously closed at C$0.29.

FPX Nickel Price Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 8.25 and a current ratio of 15.53. The firm has a market cap of C$88.17 million, a price-to-earnings ratio of -28.00 and a beta of 0.97. The company’s fifty day moving average is C$0.28 and its two-hundred day moving average is C$0.30.

FPX Nickel Company Profile

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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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