FPX Nickel (CVE:FPX) Shares Down 12.1% – Here’s What Happened
by Doug Wharley · The Cerbat GemFPX Nickel Corp. (CVE:FPX – Get Free Report)’s stock price traded down 12.1% during mid-day trading on Thursday . The company traded as low as C$0.56 and last traded at C$0.58. 135,378 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 337,030 shares. The stock had previously closed at C$0.66.
FPX Nickel Stock Performance
The company has a debt-to-equity ratio of 0.37, a current ratio of 15.48 and a quick ratio of 8.25. The company has a market cap of C$182.51 million, a price-to-earnings ratio of -58.00 and a beta of 0.30. The stock has a 50-day moving average price of C$0.44 and a 200 day moving average price of C$0.35.
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.