FPX Nickel (CVE:FPX) Shares Down 4.1% – What’s Next?

FPX Nickel Corp. (CVE:FPXGet Free Report) shares were down 4.1% during trading on Wednesday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 22,335 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 50,024 shares. The stock had previously closed at C$0.25.

FPX Nickel Trading Down 4.1%

The firm has a 50-day moving average of C$0.24 and a 200 day moving average of C$0.24. The company has a current ratio of 15.48, a quick ratio of 8.25 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of C$73.93 million, a price-to-earnings ratio of -29.23 and a beta of 0.98.

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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