Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shares dropped 14.3% on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 441,570 shares changed hands during trading, an increase of 150% from the average daily volume of 176,852 shares. The stock had previously closed at C$0.04.
Noble Mineral Exploration Stock Down 14.3 %
The business’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. 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 firm has a market capitalization of C$4.13 million, a PE ratio of 0.79 and a beta of 2.76.
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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