Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s stock price dropped 21.4% during mid-day trading on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 124,000 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 227,635 shares. The stock had previously closed at C$0.07.
Noble Mineral Exploration Stock Performance
The firm has a market cap of C$8.25 million, a price-to-earnings ratio of 1.84 and a beta of 2.94. The company has a quick ratio of 16.26, a current ratio of 10.76 and a debt-to-equity ratio of 1.27. The stock has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.06.
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.
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