Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) fell 11.1% during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 148,177 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 246,414 shares. The stock had previously closed at C$0.05.
Noble Mineral Exploration Stock Down 11.1 %
The business has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The company has a market capitalization of C$5.50 million, a price-to-earnings ratio of 1.05 and a beta of 2.76. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26.
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.
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