FPX Nickel (CVE:FPX) Insider Purchases C$83,400.00 in Stock

FPX Nickel Corp. (CVE:FPX) insider Allyn Knoche purchased 278,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 23rd. The shares were acquired at an average cost of C$0.30 per share, for a total transaction of C$83,400.00. Following the purchase, the insider owned 39,309,624 shares of the company’s stock, valued at C$11,792,887.20. This represents a 0.71% increase in their ownership of the stock.

FPX Nickel Price Performance

Shares of CVE:FPX traded up C$0.01 on Thursday, reaching C$0.28. The company’s stock had a trading volume of 33,012 shares, compared to its average volume of 96,537. FPX Nickel Corp. has a 52-week low of C$0.28 and a 52-week high of C$0.70. The company has a market cap of C$90.01 million, a P/E ratio of -14.25 and a beta of 0.82. The company has a 50-day simple moving average of C$0.35 and a 200 day simple moving average of C$0.41. The company has a debt-to-equity ratio of 0.14, a quick ratio of 8.25 and a current ratio of 14.56.

About FPX Nickel

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.