Noble Mineral Exploration (CVE:NOB) Shares Down 14.3% – Here’s Why

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) traded down 14.3% on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 441,570 shares changed hands during trading, an increase of 150% from the average session volume of 176,852 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Trading Up 14.3 %

The stock has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04. The company has a market capitalization of C$5.50 million, a P/E ratio of 1.05 and a beta of 2.76. The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27.

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.

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