Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) dropped 21.4% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 124,000 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 227,635 shares. The stock had previously closed at C$0.07.
Noble Mineral Exploration Trading Down 21.4 %
The stock’s fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.06. The firm has a market cap of C$7.57 million, a PE ratio of 1.45 and a beta of 2.94. The company has a debt-to-equity ratio of 1.27, a current ratio of 10.76 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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