Noble Mineral Exploration (CVE:NOB) Stock Price Down 7.7% – Here’s What Happened

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price dropped 7.7% on Friday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 216,738 shares traded hands during mid-day 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 Trading Down 3.8%

The company has a 50-day moving average price of C$0.13 and a 200-day moving average price of C$0.08. The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06. The firm has a market capitalization of C$17.19 million, a price-to-earnings ratio of -15.51 and a beta of -0.46.

Noble Mineral Exploration Company Profile

(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.

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