Noble Mineral Exploration (CVE:NOB) Shares Down 8.3% – Time to Sell?

Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) traded down 8.3% on Friday. The company traded as low as C$0.06 and last traded at C$0.06. Approximately 630,693 shares traded hands during mid-day trading, an increase of 72% from the average session volume of 366,392 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Stock Performance

The business’s 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.07. The firm has a market cap of C$14.53 million, a price-to-earnings ratio of 1.85 and a beta of 0.52. The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27.

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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