FPX Nickel (CVE:FPX) Shares Up 6.4% – Time to Buy?

FPX Nickel Corp. (CVE:FPXGet Free Report)’s stock price was up 6.4% on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 59,083 shares changed hands during mid-day trading, an increase of 8% from the average daily volume of 54,499 shares. The stock had previously closed at C$0.24.

FPX Nickel Stock Down 6.0 %

The company’s 50 day simple moving average is C$0.24 and its 200-day simple moving average is C$0.25. 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 has a market cap of C$73.93 million, a P/E ratio of -29.23 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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