Insider Buying: FPX Nickel (CVE:FPX) Insider Buys C$39,550.00 in Stock

FPX Nickel Corp. (CVE:FPX – Get Free Report) insider Allyn Knoche bought 113,000 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were purchased at an average cost of C$0.35 per share, with a total value of C$39,550.00. Following the acquisition, the insider directly owned 39,031,624 shares of the company’s stock, valued at approximately C$13,661,068.40. This represents a 0.29% increase in their position.

FPX Nickel Stock Performance

Shares of FPX Nickel stock traded up C$0.01 during trading on Friday, reaching C$0.37. The company’s stock had a trading volume of 47,332 shares, compared to its average volume of 117,267. The company has a quick ratio of 8.25, a current ratio of 15.26 and a debt-to-equity ratio of 0.11. The business’s 50-day moving average price is C$0.48 and its 200-day moving average price is C$0.50. FPX Nickel Corp. has a 52 week low of C$0.23 and a 52 week high of C$0.70. The firm has a market cap of C$116.78 million, a PE ratio of -18.50 and a beta of 0.93.

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About FPX Nickel

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

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