Noble Mineral Exploration (CVE:NOB) Trading Down 11.1% – Here’s What Happened

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) traded down 11.1% during trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 148,177 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 246,414 shares. The stock had previously closed at C$0.05.

Noble Mineral Exploration Stock Up 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 simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. The company has a market capitalization of C$6.19 million, a PE ratio of 1.18 and a beta of 2.76.

Noble Mineral Exploration Company Profile

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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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