Noble Mineral Exploration (CVE:NOB) Trading Down 12.5% – Time to Sell?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price was down 12.5% during trading on Saturday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 504,550 shares were traded 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 Stock Down 12.5%

The stock has a market capitalization of C$4.81 million, a PE ratio of 0.92 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 200 day moving average is C$0.05.

About Noble Mineral Exploration

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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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