Noble Mineral Exploration (CVE:NOB) Reaches New 52-Week Low – Should You Sell?

Noble Mineral Exploration Inc. (CVE:NOB) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 23035 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Price Performance

The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06. The firm has a market capitalization of C$4.81 million, a P/E ratio of 0.79 and a beta of 2.76. The business has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.04.

Noble Mineral Exploration Company Profile

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.