Noble Mineral Exploration (CVE:NOB) Trading Down 37.5% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares fell 37.5% on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.15. 3,006,736 shares were traded during mid-day trading, an increase of 105% from the average session volume of 1,470,203 shares. The stock had previously closed at C$0.24.

Noble Mineral Exploration Price Performance

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 stock has a market capitalization of C$20.63 million, a price-to-earnings ratio of -18.61 and a beta of -0.46. The business’s fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.06.

Noble Mineral Exploration Company Profile

(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.

Further Reading

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