Noble Mineral Exploration (CVE:NOB) Shares Down 7.7% – Time to Sell?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) dropped 7.7% during trading on Friday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 294,738 shares traded hands during trading, a decline of 72% from the average daily volume of 1,052,888 shares. The stock had previously closed at C$0.13.

Noble Mineral Exploration Price Performance

The firm has a 50 day moving average price of C$0.13 and a two-hundred day moving average price of C$0.08. The company has a market cap of C$17.19 million, a P/E ratio of -15.51 and a beta of -0.46. The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06.

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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