Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shares fell 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 Stock Performance
The firm has a market cap 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. The company’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.04.
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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