FPX Nickel (CVE:FPX) Shares Down 1.2% – Time to Sell?

FPX Nickel Corp. (CVE:FPX)’s share price traded down 1.2% during trading on Wednesday . The company traded as low as C$0.25 and last traded at C$0.25. 17,750 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 65,557 shares. The stock had previously closed at C$0.25.

FPX Nickel Price Performance

The stock has a market capitalization of C$77.15 million, a P/E ratio of -24.50 and a beta of 0.98. The business has a fifty day simple moving average of C$0.28 and a 200 day simple moving average of C$0.29. The company has a current ratio of 15.53, a quick ratio of 8.25 and a debt-to-equity ratio of 0.43.

About FPX Nickel

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.