Noble Mineral Exploration (CVE:NOB) Shares Down 11.1% – Here’s What Happened

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares traded down 11.1% on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 262,177 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 266,014 shares. The stock had previously closed at C$0.05.

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 stock has a market cap of C$6.19 million, a PE ratio of 1.18 and a beta of 2.76. The stock has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.04.

About Noble Mineral Exploration

(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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