FPX Nickel (CVE:FPX) Stock Price Down 7.5%

Shares of FPX Nickel Corp. (CVE:FPX – Get Rating) were down 7.5% during mid-day trading on Wednesday . The stock traded as low as C$0.49 and last traded at C$0.49. Approximately 172,887 shares changed hands during mid-day trading, an increase of 84% from the average daily volume of 93,710 shares. The stock had previously closed at C$0.53.

FPX Nickel Trading Down 7.5 %

The company has a market capitalization of C$118.17 million, a PE ratio of -24.50 and a beta of 0.89. The company has a 50 day simple moving average of C$0.44 and a 200 day simple moving average of C$0.44. The company has a debt-to-equity ratio of 0.58, a quick ratio of 8.25 and a current ratio of 8.57.

About FPX Nickel

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FPX Nickel Corp., a junior nickel mining company, engages in the acquisition, exploration, and development of mineral properties. It primarily explores for awaruite, a nickel-iron alloy. Its flagship property is the 100% owned Decar project that includes 62 mineral claims covering an area of 245 square kilometers located in central British Columbia.