FPX Nickel (CVE:FPX) Shares Down 6.1% – Here’s What Happened

FPX Nickel Corp. (CVE:FPXGet Free Report) shares dropped 6.1% during trading on Wednesday . The stock traded as low as C$0.23 and last traded at C$0.23. Approximately 52,745 shares changed hands during trading, a decline of 2% from the average daily volume of 53,895 shares. The stock had previously closed at C$0.25.

FPX Nickel Trading Down 6.2 %

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 capitalization of C$70.79 million, a price-to-earnings ratio of -27.98 and a beta of 0.98. The business’s 50-day moving average price is C$0.24 and its two-hundred day moving average price is C$0.26.

FPX Nickel Company Profile

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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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