FPX Nickel (CVE:FPX) Shares Down 1.2% – What’s Next?

FPX Nickel Corp. (CVE:FPX) dropped 1.2% during mid-day trading on Wednesday . The company traded as low as C$0.25 and last traded at C$0.25. Approximately 17,750 shares traded hands during trading, a decline of 73% from the average daily volume of 65,557 shares. The stock had previously closed at C$0.25.

FPX Nickel Stock Performance

The company has a quick ratio of 8.25, a current ratio of 15.53 and a debt-to-equity ratio of 0.43. The company has a market capitalization of C$77.15 million, a P/E ratio of -24.50 and a beta of 0.98. The firm’s 50-day moving average price is C$0.28 and its 200 day moving average price is C$0.29.

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.