Noble Mineral Exploration (CVE:NOB) Stock Price Down 12.5% – Time to Sell?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) fell 12.5% during mid-day trading on Friday . The company traded as low as C$0.04 and last traded at C$0.04. 504,550 shares traded hands during trading, an increase of 124% from the average session volume of 225,152 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Price Performance

The business’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05. 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 firm has a market cap of C$4.81 million, a P/E ratio of 0.92 and a beta of 2.76.

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.

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