Noble Mineral Exploration (CVE:NOB) Shares Down 39.6% – Time to Sell?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) fell 39.6% during mid-day trading on Monday . The company traded as low as C$0.14 and last traded at C$0.15. 2,260,033 shares were traded during mid-day trading, an increase of 61% from the average session volume of 1,403,842 shares. The stock had previously closed at C$0.24.

Noble Mineral Exploration Price Performance

The company has a market capitalization of C$20.63 million, a P/E ratio of -18.61 and a beta of -0.46. The business’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.06. The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27.

About Noble Mineral Exploration

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Noble Mineral Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Mineral Exploration and related companies with MarketBeat.com's FREE daily email newsletter.