Noble Mineral Exploration (CVE:NOB) Trading Down 23.5% – Time to Sell?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) traded down 23.5% during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 786,415 shares were traded during trading, an increase of 80% from the average daily volume of 435,984 shares. The stock had previously closed at C$0.09.

Noble Mineral Exploration Trading Down 23.5%

The stock has a market capitalization of C$17.18 million, a P/E ratio of 1.62 and a beta of 0.46. The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The stock’s fifty day moving average price is C$0.06 and its two-hundred day moving average price is C$0.10.

About Noble Mineral Exploration

(Get Free Report)

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. Noble Mineral Exploration Inc is headquartered in Toronto, Canada.

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