FPX Nickel (CVE:FPX) Trading Down 1.7% – What’s Next?

Shares of FPX Nickel Corp. (CVE:FPX) were down 1.7% on Friday . The company traded as low as C$0.57 and last traded at C$0.58. Approximately 116,638 shares were traded during trading, a decline of 35% from the average daily volume of 179,045 shares. The stock had previously closed at C$0.59.

FPX Nickel Stock Performance

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 has a market capitalization of C$182.51 million, a PE ratio of -58.00 and a beta of 0.52. The business’s fifty day moving average is C$0.56 and its two-hundred day moving average is C$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. and changed its name to FPX Nickel Corp. in May 2017. FPX Nickel Corp. was incorporated in 1995 and is headquartered in Vancouver, Canada.