FPX Nickel (CVE:FPX) Stock Price Down 2% – What’s Next?

FPX Nickel Corp. (CVE:FPXGet Free Report) was down 2% on Tuesday . The stock traded as low as C$0.24 and last traded at C$0.25. Approximately 11,983 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 51,286 shares. The stock had previously closed at C$0.25.

FPX Nickel Stock Performance

The firm has a market cap of C$77.08 million, a P/E ratio of -30.47 and a beta of 0.98. 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 company’s 50-day moving average is C$0.25 and its two-hundred day moving average is C$0.24.

FPX Nickel Company Profile

(Get Free Report)

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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