Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) dropped 37.5% on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.15. Approximately 3,006,736 shares traded hands during trading, an increase of 105% from the average daily volume of 1,470,203 shares. The stock had previously closed at C$0.24.
Noble Mineral Exploration Trading Down 37.5%
The business’s fifty day moving average is C$0.10 and its two-hundred day moving average is C$0.06. The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27. The firm has a market cap 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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