Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) fell 12.5% during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. 1,122,499 shares changed hands during trading, an increase of 461% from the average session volume of 200,027 shares. The stock had previously closed at C$0.04.
Noble Mineral Exploration Price Performance
The firm has a market cap of C$4.13 million, a P/E 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. The firm’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.04.
Noble Mineral Exploration Company Profile
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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