Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) dropped 7.7% on Friday . The stock traded as low as C$0.12 and last traded at C$0.12. Approximately 216,738 shares changed hands during trading, a decline of 79% from the average daily volume of 1,049,302 shares. The stock had previously closed at C$0.13.
Noble Mineral Exploration Price Performance
The stock has a market capitalization of C$17.19 million, a price-to-earnings ratio of -15.51 and a beta of -0.46. 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 stock has a fifty day moving average of C$0.13 and a 200-day moving average of C$0.08.
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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