Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shares traded down 37.5% on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.15. 3,006,736 shares changed hands during trading, an increase of 105% from the average session volume of 1,470,203 shares. The stock had previously closed at C$0.24.
Noble Mineral Exploration Stock Down 37.5%
The firm’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.06. 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 has a market capitalization of C$20.63 million, a price-to-earnings ratio of -18.61 and a beta of -0.46.
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. Noble Mineral Exploration Inc is headquartered in Toronto, Canada.
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