FPX Nickel (CVE:FPX) Stock Price Up 6.4% – Should You Buy?

FPX Nickel Corp. (CVE:FPXGet Free Report) rose 6.4% during mid-day trading on Wednesday . The stock traded as high as C$0.25 and last traded at C$0.25. Approximately 59,083 shares were traded during 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 Price Performance

The company has a market capitalization of C$78.65 million, a price-to-earnings ratio of -31.09 and a beta of 0.98. The company has a quick ratio of 8.25, a current ratio of 15.48 and a debt-to-equity ratio of 0.37. The stock’s 50-day moving average price is C$0.24 and its 200-day moving average price is C$0.25.

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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