FPX Nickel (CVE:FPX) Stock Price Down 2.1% – Here’s What Happened

FPX Nickel Corp. (CVE:FPX)’s stock price fell 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 Trading Down 2.1 %

The business’s 50 day simple moving average is C$0.25 and its 200 day simple moving average is C$0.27. The company has a debt-to-equity ratio of 0.43, a current ratio of 15.53 and a quick ratio of 8.25. The company has a market capitalization of C$74.00 million, a price-to-earnings ratio of -23.50 and a beta of 0.98.

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.