FPX Nickel (CVE:FPX) Insider Allyn Knoche Acquires 278,000 Shares of Stock

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

FPX Nickel Stock Performance

CVE FPX opened at C$0.28 on Friday. The company has a fifty day moving average of C$0.35 and a two-hundred day moving average of C$0.41. The company has a market capitalization of C$88.43 million, a PE ratio of -14.00 and a beta of 0.82. 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.

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.