FPX Nickel (CVE:FPX) Insider Purchases C$83,400.00 in Stock

Key Points

  • FPX Nickel insider Allyn Knoche purchased 278,000 shares at an average price of C$0.30, totaling C$83,400. The purchase increased their ownership by 0.71% to 39.3 million shares.
  • FPX Nickel shares opened at C$0.28, near the company’s 1-year low of C$0.28 and below its 50-day and 200-day moving averages of C$0.35 and C$0.41, respectively.
  • FPX Nickel is a Canadian junior mining company focused on exploration and development, with its flagship Baptiste Nickel project in central British Columbia.

FPX Nickel Corp. (CVE:FPX - Get Free Report) insider Allyn Knoche purchased 278,000 shares of FPX Nickel stock in a transaction that occurred on Wednesday, September 23rd. The stock was acquired at an average price of C$0.30 per share, with a total value of C$83,400.00. Following the transaction, the insider owned 39,309,624 shares in the company, valued at C$11,792,887.20. The trade was a 0.71% increase in their ownership of the stock.

FPX Nickel Price Performance

Shares of CVE:FPX opened at C$0.28 on Friday. FPX Nickel Corp. has a 1-year low of C$0.28 and a 1-year high of C$0.70. The company has a debt-to-equity ratio of 0.14, a current ratio of 14.56 and a quick ratio of 8.25. The stock has a market cap of C$88.43 million, a P/E ratio of -14.00 and a beta of 0.82. The firm has a fifty day moving average price of C$0.35 and a 200 day moving average price of C$0.41.

About FPX Nickel

(Get Free Report)

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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