Insider Buying: FPX Nickel (CVE:FPX) Insider Buys C$39,550.00 in Stock

FPX Nickel Corp. (CVE:FPX) insider Allyn Knoche purchased 113,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was bought at an average price of C$0.35 per share, for a total transaction of C$39,550.00. Following the purchase, the insider owned 39,031,624 shares in the company, valued at C$13,661,068.40. The trade was a 0.29% increase in their position.

FPX Nickel Stock Performance

FPX Nickel stock traded up C$0.01 during trading hours on Friday, hitting C$0.37. The company had a trading volume of 47,332 shares, compared to its average volume of 117,267. The firm has a 50-day moving average of C$0.48 and a 200 day moving average of C$0.50. The company has a debt-to-equity ratio of 0.11, a current ratio of 15.26 and a quick ratio of 8.25. The firm has a market cap of C$116.78 million, a PE ratio of -18.50 and a beta of 0.93. FPX Nickel Corp. has a one year low of C$0.23 and a one year high of C$0.70.

About FPX Nickel

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. and changed its name to FPX Nickel Corp. in May 2017. FPX Nickel Corp. was incorporated in 1995 and is headquartered in Vancouver, Canada.