Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) traded down 37.5% during mid-day trading on Tuesday . The company 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 Performance
The stock’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.06. The firm has a market cap of C$20.63 million, a P/E ratio of -18.61 and a beta of -0.46. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26.
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.
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