Noble Mineral Exploration (CVE:NOB) Reaches New 12-Month Low – Time to Sell?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) hit a new 52-week low on Thursday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 200000 shares trading hands. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Performance

The stock has a 50-day moving average of C$0.04 and a 200 day moving average of C$0.05. The stock has a market cap of C$4.13 million, a PE ratio of 0.92 and a beta of 2.76. The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27.

About Noble Mineral Exploration

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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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