Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shares dropped 8.7% during mid-day trading on Tuesday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 508,759 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 989,543 shares. The stock had previously closed at C$0.23.
Noble Mineral Exploration Price Performance
The stock has a market capitalization of C$27.51 million, a PE ratio of -24.81 and a beta of -0.46. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The firm’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.06.
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. Noble Mineral Exploration Inc is headquartered in Toronto, Canada.
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