FPX Nickel (CVE:FPX) Stock Price Down 2.1% – What’s Next?

FPX Nickel Corp. (CVE:FPX) shares traded down 2.1% on Thursday . The company traded as low as C$0.24 and last traded at C$0.24. 42,500 shares traded hands during trading, an increase of 8% from the average session volume of 39,276 shares. The stock had previously closed at C$0.24.

FPX Nickel Price Performance

The company has a debt-to-equity ratio of 0.43, a quick ratio of 8.25 and a current ratio of 15.53. The firm has a market capitalization of C$74.00 million, a P/E ratio of -23.50 and a beta of 0.98. The business has a fifty day moving average of C$0.25 and a 200-day moving average of C$0.27.

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.