FPX Nickel (CVE:FPX) Shares Down 3.1% – Time to Sell?

FPX Nickel Corp. (CVE:FPX) fell 3.1% on Thursday . The company traded as low as C$0.62 and last traded at C$0.63. 194,865 shares were traded during mid-day trading, a decline of 6% from the average session volume of 208,377 shares. The stock had previously closed at C$0.65.

FPX Nickel Price Performance

The firm has a 50 day moving average of C$0.50 and a 200-day moving average of C$0.39. The company has a market cap of C$198.24 million, a P/E ratio of -63.00 and a beta of 0.30. The company has a current ratio of 15.48, a quick ratio of 8.25 and a debt-to-equity ratio of 0.37.

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