Noble Mineral Exploration (CVE:NOB) Sets New 1-Year Low – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 125,966 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Stock Performance

The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of C$13.21 million, a price-to-earnings ratio of 1.69 and a beta of 0.52. The stock has a fifty day moving average price of C$0.06 and a 200-day moving average price of C$0.09.

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.

Further Reading

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