Noble Mineral Exploration (CVE:NOB) Trading Down 33.3% – Here’s What Happened

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares fell 33.3% during mid-day trading on Monday . The stock traded as low as C$0.14 and last traded at C$0.16. 2,722,474 shares changed hands during mid-day trading, an increase of 88% from the average session volume of 1,446,776 shares. The stock had previously closed at C$0.24.

Noble Mineral Exploration Trading Down 37.5%

The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27. The company’s 50-day moving average is C$0.10 and its 200 day moving average is C$0.06. The company has a market cap of C$20.63 million, a price-to-earnings ratio of -18.61 and a beta of -0.46.

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. Noble Mineral Exploration Inc is headquartered in Toronto, Canada.

Featured Stories

Receive News & Ratings for Noble Mineral Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Mineral Exploration and related companies with MarketBeat.com's FREE daily email newsletter.