Noble Mineral Exploration (CVE:NOB) Shares Down 8.7% – Time to Sell?

Noble Mineral Exploration Inc. (CVE:NOB) fell 8.7% during mid-day trading on Tuesday . The company traded as low as C$0.21 and last traded at C$0.21. 508,759 shares were traded during mid-day trading, a decline of 49% from the average session volume of 989,543 shares. The stock had previously closed at C$0.23.

Noble Mineral Exploration Trading Up 2.0%

The firm has a market capitalization of C$34.39 million, a P/E ratio of -31.02 and a beta of -0.46. The stock has a 50-day simple moving average of C$0.10 and a two-hundred day simple moving average of 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.

Noble Mineral Exploration Company Profile

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.