FPX Nickel (CVE:FPX) Trading Down 3.1% – Should You Sell?

FPX Nickel Corp. (CVE:FPX) shares fell 3.1% during trading on Thursday . The company traded as low as C$0.62 and last traded at C$0.63. 194,865 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 208,377 shares. The stock had previously closed at C$0.65.

FPX Nickel Price Performance

The company has a quick ratio of 8.25, a current ratio of 15.48 and a debt-to-equity ratio of 0.37. The stock has a market cap of C$198.24 million, a P/E ratio of -63.00 and a beta of 0.30. The firm has a 50 day moving average price of C$0.50 and a 200 day moving average price of C$0.39.

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. and changed its name to FPX Nickel Corp. in May 2017. FPX Nickel Corp. was incorporated in 1995 and is headquartered in Vancouver, Canada.