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FRX INNOVATIONS (FRXIF) Stock Price, News & Analysis

FRXIF OTC
Published by Stock Titan Data refreshed

What Changed

Price Move History

Daily moves over 5%
39 58 sessions, May 19, 2023 to May 30, 2024
Largest daily move
+94.6% close of October 18, 2023
1-year change
-83.4% closing prices, May 19, 2023 to May 30, 2024
1-month change
+40.1% closing prices, April 15, 2024 to May 30, 2024

Company Description

FRX Innovations Inc. (traded over-the-counter under the symbol FRXIF) is associated with the specialty chemicals industry within the basic materials sector. The company is also listed on the TSX Venture Exchange under the symbol FRXI.H, as referenced in its public disclosure. Available information highlights its status as a reporting issuer that follows continuous disclosure obligations applicable to its listings.

According to a news release issued from Toronto, Ontario, FRX Innovations Inc. is overseen by a board of directors that reviews and approves key regulatory steps, including changes in its external auditor. The company’s disclosure demonstrates that it is subject to National Instrument 51-102 – Continuous Disclosure Obligations, which governs how Canadian public companies report material changes and financial information to investors.

The company has disclosed that it engages independent public accounting firms to audit its financial statements. In a recent corporate action, FRX Innovations Inc. reported a change in its auditor, indicating active management of its financial reporting processes and its relationship with external auditors. This type of disclosure is relevant for investors who track governance practices and the reliability of financial reporting for issuers in the specialty chemicals space.

FRX Innovations Inc. also issues forward-looking information in its news releases, accompanied by cautionary language about risks and uncertainties. This reflects a standard approach to corporate communication for public companies, where expectations about future events are balanced with explicit risk factors and warnings against undue reliance on projections. The company’s public statements emphasize the importance of meeting financial reporting obligations and complying with applicable regulatory requirements.

While detailed information about specific products, technologies, or end markets is not provided in the available data, FRX Innovations Inc. is categorized in the specialty chemicals industry. Investors and observers can use this classification, along with the company’s ongoing disclosure practices, to place it within the broader basic materials sector and to understand that it is subject to the regulatory frameworks that apply to publicly traded issuers in its jurisdiction.

Stock Performance

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Last updated:
-83.4%
Performance 1 year

FRX INNOVATIONS (FRXIF) closed at $0.0416 on May 30, 2024. Over the past 12 months, the price has lost 83.4%.

See what a $1,000 investment in FRXIF would be worth today

FRXIF Metrics & Rankings

Price returns through May 30, 2024. Month-to-date and YTD include the first trading day. Ranking links may use different dates.

Latest News

FRX INNOVATIONS has 1 recent news article. View all FRXIF news →

SEC Filings

No SEC filings available for FRXIF.

FRXIF Company Profile & Sector Positioning

FRX INNOVATIONS (FRXIF) operates in the Specialty Chemicals industry within the broader Basic Materials sector and is listed on the OTC.

Investors comparing FRXIF often look at related companies in the same sector, including TOR MINERALS INTL INC (TORM), FENDX TECHNOLOGIES INC (FDXTF), NOHO INC (DRNK), FENDX TECHNOLOGIES NEW (FDXTD), and VYSTAR CORP (VYST). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate FRXIF's relative position within its industry.

Frequently Asked Questions

What is the current stock price of FRX INNOVATIONS (FRXIF)?

The current stock price of FRX INNOVATIONS (FRXIF) is $0.0416 as of May 30, 2024.

What is the market cap of FRX INNOVATIONS (FRXIF)?

The market cap of FRX INNOVATIONS (FRXIF) is approximately $3.5M. Learn more about what market capitalization means .

What industry and sector is FRX Innovations Inc. (FRXIF) associated with?

FRX Innovations Inc. is associated with the specialty chemicals industry within the basic materials sector, based on the available classification data.

On which markets is FRX Innovations Inc. referenced as trading?

FRX Innovations Inc. is referenced as trading over-the-counter under the symbol FRXIF and on the TSX Venture Exchange under the symbol FRXI.H, according to its public news release.

What regulatory disclosure framework does FRX Innovations Inc. follow?

The company states that it follows National Instrument 51-102 – Continuous Disclosure Obligations, which governs how Canadian public companies report financial and other material information.

How does FRX Innovations Inc. address its financial reporting and audits?

FRX Innovations Inc. engages independent public accounting firms as auditors and discloses changes in its auditor relationship, indicating attention to financial reporting and audit oversight.

What did FRX Innovations Inc. disclose about its change of auditor?

The company disclosed that its previous auditor resigned at its request and that a new auditor was appointed to fill the vacancy until the next annual meeting of shareholders, with related documents filed on SEDAR+.

Does FRX Innovations Inc. provide forward-looking information in its communications?

Yes. The company’s news release notes that it contains forward-looking information and includes cautionary language about risks, uncertainties, and the possibility that actual results may differ from expectations.

Where does FRX Innovations Inc. file its Canadian disclosure documents?

The company states that its Notice of Change of Auditor and related letters have been filed on SEDAR+, which is the platform used for Canadian securities regulatory filings.