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FPX Nickel (CVE:FPX) Shares Up 2.1% - Still a Buy?

FPX Nickel logo with Basic Materials background

Shares of FPX Nickel Corp. (CVE:FPX - Get Free Report) shot up 2.1% during mid-day trading on Monday . The stock traded as high as C$0.24 and last traded at C$0.24. 23,583 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 48,908 shares. The stock had previously closed at C$0.24.

FPX Nickel Price Performance

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 firm's 50 day simple moving average is C$0.24 and its 200-day simple moving average is C$0.25. The stock has a market capitalization of C$75.50 million, a price-to-earnings ratio of -29.85 and a beta of 0.98.

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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