FPX Nickel (CVE:FPX) Stock Price Down 2.1% – Time to Sell?

FPX Nickel Corp. (CVE:FPX) shares traded down 2.1% during mid-day trading on Thursday . The stock traded as low as C$0.24 and last traded at C$0.24. 42,500 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 39,276 shares. The stock had previously closed at C$0.24.

FPX Nickel Stock Performance

The stock has a market cap of C$74.00 million, a price-to-earnings ratio of -23.50 and a beta of 0.98. The company has a current ratio of 15.53, a quick ratio of 8.25 and a debt-to-equity ratio of 0.43. The stock’s 50-day simple moving average is C$0.25 and its 200-day simple moving average is C$0.27.

FPX Nickel Company Profile

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.