Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) were down 11.1% during trading on Wednesday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 148,177 shares traded hands during trading, a decline of 40% from the average daily volume of 246,414 shares. The stock had previously closed at C$0.05.
Noble Mineral Exploration Stock Performance
The stock 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 debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The stock’s 50 day simple moving average is C$0.04 and its two-hundred day simple 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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