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FPX Nickel (CVE:FPX) Trading Down 2.1% - Should You Sell?

FPX Nickel logo with Basic Materials background

FPX Nickel Corp. (CVE:FPX - Get Free Report)'s share price dropped 2.1% during trading on Thursday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 42,500 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 39,276 shares. The stock had previously closed at C$0.24.

FPX Nickel Stock Performance

The company has a 50 day simple moving average of C$0.25 and a 200-day simple moving average of C$0.27. The stock has a market capitalization of C$74.00 million, a P/E ratio of -23.50 and a beta of 0.98. The company has a debt-to-equity ratio of 0.43, a current ratio of 15.53 and a quick ratio of 8.25.

FPX Nickel Company Profile

(Get Free Report)

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.

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