Fpx Nickel Corp Stock Today
| FPX Stock | CAD 0.32 0.01 3.23% |
Performance2 of 100
| Odds Of DistressOver 63
|
FPX Nickel is selling for under 0.32 as of the 25th of April 2024; that is 3.23% increase since the beginning of the trading day. The stock's lowest day price was 0.32. FPX Nickel has more than 63 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for FPX Nickel Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
FPX Nickel Corp. engages in the acquisition, exploration, and development of mineral properties. FPX Nickel Corp. was founded in 1995 and is headquartered in Vancouver, Canada. FPX NICKEL operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 314.29 M outstanding shares of which 36.19 K shares are currently shorted by private and institutional investors with about 0.59 days to cover all short positions. More on FPX Nickel Corp
Moving against FPX Stock
| 0.5 | BHC | Bausch Health Companies Earnings Call This Week | PairCorr |
| 0.45 | IVN | Ivanhoe Mines Earnings Call This Week | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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FPX Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FPX Nickel's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FPX Nickel or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Martin Turenne | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
FPX Nickel's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to FPX Nickel's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand FPX Nickel's financial leverage. It provides some insight into what part of FPX Nickel's total assets is financed by creditors.
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FPX Nickel Corp (FPX) is traded on TSX Venture Exchange in Canada and employs 17 people. FPX Nickel is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 99 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate FPX Nickel's market, we take the total number of its shares issued and multiply it by FPX Nickel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. FPX Nickel Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 314.29 M outstanding shares of which 36.19 K shares are currently shorted by private and institutional investors with about 0.59 days to cover all short positions.
FPX Nickel Corp has accumulated about 1.17 M in cash with (1.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check FPX Nickel Probability Of Bankruptcy
Ownership AllocationFPX Nickel Corp retains a total of 314.29 Million outstanding shares. FPX Nickel Corp retains noticeable amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check FPX Ownership Details
FPX Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of FPX Nickel jumping above the current price in 90 days from now is about 50.0%. The FPX Nickel Corp probability density function shows the probability of FPX Nickel stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon FPX Nickel has a beta of 0.3899. This usually indicates as returns on the market go up, FPX Nickel average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FPX Nickel Corp will be expected to be much smaller as well. Additionally, fPX Nickel Corp has an alpha of 0.2329, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of FPX Nickel to move above the current price in 90 days from now is about 50.0 (This FPX Nickel Corp probability density function shows the probability of FPX Stock to fall within a particular range of prices over 90 days) .
FPX Nickel Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. FPX Nickel market risk premium is the additional return an investor will receive from holding FPX Nickel long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FPX Nickel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although FPX Nickel's alpha and beta are two of the key measurements used to evaluate FPX Nickel's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.31 | |||
| Semi Deviation | 2.34 | |||
| Standard Deviation | 3.95 | |||
| Variance | 15.62 |
FPX Stock Against Markets
Picking the right benchmark for FPX Nickel stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FPX Nickel stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FPX Nickel is critical whether you are bullish or bearish towards FPX Nickel Corp at a given time. Please also check how FPX Nickel's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in FPX Nickel without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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FPX Nickel Corporate Directors
FPX Nickel corporate directors refer to members of a FPX Nickel board of directors. The board of directors generally takes responsibility for the FPX Nickel's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of FPX Nickel's board members must vote for the resolution. The FPX Nickel board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Peter Marshall | Director | Profile | |
| James Gilbert | Director | Profile | |
| John McDonald | Independent Director | Profile | |
| Robert Watts | Lead Independent Director | Profile |
How to buy FPX Stock?
Before investing in FPX Nickel, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in FPX Nickel. To buy FPX Nickel stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of FPX Nickel. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase FPX Nickel stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located FPX Nickel Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased FPX Nickel Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as FPX Nickel Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in FPX Nickel Corp?
The danger of trading FPX Nickel Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of FPX Nickel is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than FPX Nickel. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FPX Nickel Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FPX Nickel Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for FPX Stock analysis
When running FPX Nickel's price analysis, check to measure FPX Nickel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FPX Nickel is operating at the current time. Most of FPX Nickel's value examination focuses on studying past and present price action to predict the probability of FPX Nickel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FPX Nickel's price. Additionally, you may evaluate how the addition of FPX Nickel to your portfolios can decrease your overall portfolio volatility.
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