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FPX Nickel (CVE:FPX) Trading Up 6.4% - Here's What Happened

FPX Nickel logo with Basic Materials background

FPX Nickel Corp. (CVE:FPX - Get Free Report) shot up 6.4% during mid-day trading on Wednesday . The stock traded as high as C$0.25 and last traded at C$0.25. 59,083 shares were traded during trading, an increase of 8% from the average session volume of 54,499 shares. The stock had previously closed at C$0.24.

FPX Nickel Stock 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 business has a 50 day moving average price of C$0.24 and a 200-day moving average price of C$0.25. The firm has a market capitalization of C$75.50 million, a PE ratio of -29.85 and a beta of 0.98.

About FPX Nickel

(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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