Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) traded down 14.3% during mid-day trading 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 Price Performance
The stock has a market cap of C$5.50 million, a price-to-earnings ratio of 1.05 and a beta of 2.76. The company 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 current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27.
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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