Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s stock price was down 21.4% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 124,000 shares changed hands during trading, a decline of 46% from the average daily volume of 227,635 shares. The stock had previously closed at C$0.07.
Noble Mineral Exploration Stock Down 14.3 %
The business has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.06. The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 10.76. The stock has a market capitalization of C$8.25 million, a price-to-earnings ratio of 1.84 and a beta of 2.94.
About Noble Mineral Exploration
Noble Mineral Exploration Inc, a junior exploration company, engages in the exploration and evaluation of mineral properties in Canada. The company primarily explores for nickel, cobalt, gold, copper, and PGM deposits. The company was formerly known as Ring of Fire Resources Inc and changed its name to Noble Mineral Exploration Inc in March 2012.
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