FPX Nickel (CVE:FPX) Insider Allyn Knoche Acquires 113,000 Shares

FPX Nickel Corp. (CVE:FPX) insider Allyn Knoche bought 113,000 shares of the stock in a transaction on Thursday, June 18th. The stock was purchased at an average cost of C$0.35 per share, with a total value of C$39,550.00. Following the purchase, the insider directly owned 39,031,624 shares of the company’s stock, valued at approximately C$13,661,068.40. This represents a 0.29% increase in their position.

FPX Nickel Trading Up 9.6%

FPX opened at C$0.40 on Friday. The firm’s fifty day moving average is C$0.48 and its two-hundred day moving average is C$0.50. The firm has a market cap of C$126.25 million, a PE ratio of -20.00 and a beta of 0.93. FPX Nickel Corp. has a twelve month low of C$0.23 and a twelve month high of C$0.70. The company has a debt-to-equity ratio of 0.11, a quick ratio of 8.25 and a current ratio of 15.26.

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.