Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) dropped 12.5% during mid-day trading on Saturday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 504,550 shares changed hands during mid-day trading, an increase of 124% from the average daily volume of 225,152 shares. The stock had previously closed at C$0.04.
Noble Mineral Exploration Price Performance
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 has a market capitalization of C$4.81 million, a price-to-earnings ratio of 0.92 and a beta of 2.76. The stock’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05.
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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