FPX Nickel (CVE:FPX) Shares Down 2.1% – Time to Sell?

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

FPX Nickel Stock Down 2.1 %

The firm has a 50 day moving average of C$0.25 and a two-hundred day moving average of C$0.27. The stock has a market capitalization of C$74.00 million, a PE ratio of -23.50 and a beta of 0.98. The company has a current ratio of 15.53, a quick ratio of 8.25 and a debt-to-equity ratio of 0.43.

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.