FPX Nickel (CVE:FPX) Trading 1.3% Higher – Here’s Why

FPX Nickel Corp. (CVE:FPXGet Free Report) shares rose 1.3% during trading on Tuesday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 49,000 shares were traded during mid-day trading, an increase of 3% from the average daily volume of 47,436 shares. The stock had previously closed at C$0.23.

FPX Nickel Stock Performance

The firm has a fifty day moving average of C$0.24 and a 200 day moving average of C$0.27. The company has a debt-to-equity ratio of 0.43, a current ratio of 15.53 and a quick ratio of 8.25. The stock has a market capitalization of C$73.37 million, a price-to-earnings ratio of -23.30 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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