FPX Nickel (CVE:FPX) Stock Price Down 2.1% - What's Next?

Key Points

• Shares of FPX Nickel Corp. dropped 2.1%, trading at C$0.24 after hitting a low of C$0.23 during the session.
• The company has a market capitalization of C$73.93 million, with a PE ratio of -29.23 and a beta of 0.98.
• FPX Nickel specializes in the acquisition and development of mineral resources in Canada, with its flagship property being the Baptiste Nickel project in British Columbia.

Shares of FPX Nickel Corp. (CVE:FPX - ) dropped 2.1% during trading on Wednesday . The company traded as low as C$0.23 and last traded at C$0.24. Approximately 14,000 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 53,299 shares. The stock had previously closed at C$0.24.

FPX Nickel Trading Down 2.1%

The company has a current ratio of 15.48, a quick ratio of 8.25 and a debt-to-equity ratio of 0.37. The business's 50-day simple moving average is C$0.25 and its two-hundred day simple moving average is C$0.25. The company has a market capitalization of C$73.93 million, a PE ratio of -29.23 and a beta of 0.98.

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.

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