Noble Mineral Exploration (CVE:NOB) Trading Down 12.5% – What’s Next?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price fell 12.5% during mid-day trading on Saturday . The company traded as low as C$0.04 and last traded at C$0.04. 504,550 shares were traded during mid-day trading, an increase of 124% from the average session volume of 225,152 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Down 12.5%

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 business’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.05. The company has a market cap of C$4.81 million, a P/E ratio of 0.92 and a beta of 2.76.

Noble Mineral Exploration Company Profile

(Get Free Report)

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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