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FPX Nickel (CVE:FPX) Trading 4.1% Higher - Here's Why

FPX Nickel logo with Basic Materials background

FPX Nickel Corp. (CVE:FPX - Get Free Report) traded up 4.1% during mid-day trading on Thursday . The stock traded as high as C$0.26 and last traded at C$0.26. 56,000 shares traded hands during mid-day trading, an increase of 11% from the average session volume of 50,615 shares. The stock had previously closed at C$0.25.

FPX Nickel Price 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$80.22 million, a price-to-earnings ratio of -31.72 and a beta of 0.98. The firm's 50 day simple moving average is C$0.25 and its 200-day simple moving average is C$0.24.

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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