FPX Nickel (CVE:FPX) Stock Price Up 6.2% – Here’s Why

FPX Nickel Corp. (CVE:FPXGet Free Report)’s share price shot up 6.2% on Thursday . The company traded as high as C$0.43 and last traded at C$0.43. 23,375 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 77,059 shares. The stock had previously closed at C$0.40.

FPX Nickel Stock Up 6.2%

The stock has a market capitalization of C$133.73 million, a P/E ratio of -42.50 and a beta of 0.37. The firm’s 50-day simple moving average is C$0.43 and its 200 day simple moving average is C$0.32. The company has a debt-to-equity ratio of 0.37, a quick ratio of 8.25 and a current ratio of 15.48.

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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