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FPX Nickel (CVE:FPX) Trading Down 6.1% - Time to Sell?

FPX Nickel logo with Basic Materials background
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Shares of FPX Nickel Corp. (CVE:FPX - Get Free Report) traded down 6.1% on Tuesday . The company traded as low as C$0.23 and last traded at C$0.23. 28,500 shares were traded during trading, a decline of 43% from the average session volume of 49,773 shares. The stock had previously closed at C$0.25.

FPX Nickel Stock Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 8.25 and a current ratio of 15.48. The company has a market cap of C$73.93 million, a P/E ratio of -29.23 and a beta of 0.98. The stock has a 50-day moving average of C$0.24 and a two-hundred day moving average of C$0.26.

FPX Nickel Company Profile

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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.

Further Reading

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