Noble Mineral Exploration (CVE:NOB) Trading Down 14.3% – Should You Sell?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares fell 14.3% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 441,570 shares were traded during trading, an increase of 150% from the average session volume of 176,852 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Trading Down 14.3 %

The company’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The firm has a market cap of C$4.13 million, a PE ratio of 0.79 and a beta of 2.76. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26.

About Noble Mineral Exploration

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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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