FPX Nickel Upgrades U.S. Listing to OTCQX Best Market

FPX Nickel ( (TSE:FPX) ) has issued an update.

FPX Nickel Corp. has upgraded its U.S. trading status from the OTCQB Venture Market to the OTCQX Best Market, with its common shares now trading under the ticker symbol FPOCF while continuing to trade on the TSX Venture Exchange under the symbol FPX. The move to OTCQX, the highest tier of the U.S. OTC Markets, is expected to increase the company’s visibility and accessibility among U.S. investors and underscores its adherence to higher financial reporting, corporate governance, and regulatory compliance standards, potentially strengthening its capital markets profile as it advances its nickel exploration and development activities.

The most recent analyst rating on (TSE:FPX) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on FPX Nickel stock, see the TSE:FPX Stock Forecast page.

Spark’s Take on TSE:FPX Stock

According to Spark, TipRanks’ AI Analyst, TSE:FPX is a Neutral.

The score is held back primarily by weak financial performance (pre-revenue losses and ongoing cash burn) despite a strong low-debt balance sheet. Technicals are supportive with the stock above major moving averages and positive MACD, and recent corporate events are favorable (buyback renewal and ESG/partnership progress). Valuation remains constrained by negative earnings and no dividend.

To see Spark’s full report on TSE:FPX stock, click here.

More about FPX Nickel

FPX Nickel Corp. is a Canadian mineral exploration company focused on the exploration and development of the Decar Nickel District in central British Columbia, targeting a unique style of naturally occurring nickel-iron alloy mineralization known as awaruite.

Average Trading Volume: 115,895

Technical Sentiment Signal: Buy

Current Market Cap: C$169.9M

For detailed information about FPX stock, go to TipRanks’ Stock Analysis page.