Noble Mineral Exploration (CVE:NOB) Shares Down 21.4%

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) was down 21.4% during trading on Thursday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 124,000 shares were traded during mid-day 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 Price Performance

The company’s fifty day moving average is C$0.06 and its 200 day moving average is C$0.06. The company has a quick ratio of 16.26, a current ratio of 10.76 and a debt-to-equity ratio of 1.27. The stock has a market cap of C$7.57 million, a PE ratio of 1.45 and a beta of 2.94.

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.

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