Shares of FPX Nickel Corp. (CVE:FPX – Get Free Report) dropped 2.3% during trading on Wednesday . The company traded as low as C$0.42 and last traded at C$0.42. Approximately 53,528 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 111,767 shares. The stock had previously closed at C$0.43.
FPX Nickel Price Performance
The stock has a market cap of C$132.57 million, a P/E ratio of -21.00 and a beta of 0.93. The company has a debt-to-equity ratio of 0.11, a current ratio of 15.26 and a quick ratio of 8.25. The business’s fifty day moving average price is C$0.48 and its 200 day moving average price is C$0.50.
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.
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