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

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

FPX Nickel Stock Down 2.1 %

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 company has a market cap of C$74.00 million, a P/E ratio of -23.50 and a beta of 0.98. The stock has a 50 day moving average price of C$0.25 and a 200 day moving average price of C$0.27.

FPX Nickel Company Profile

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.