Noble Mineral Exploration (CVE:NOB) Stock Price Down 16.7% – Here’s What Happened

Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) were down 16.7% during trading on Monday . The stock traded as low as C$0.19 and last traded at C$0.20. Approximately 860,227 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 1,335,541 shares. The stock had previously closed at C$0.24.

Noble Mineral Exploration Trading Down 10.3%

The company has a market cap of C$17.88 million, a price-to-earnings ratio of -16.13 and a beta of -0.46. The company’s 50 day moving average price is C$0.11 and its 200 day moving average price is C$0.07. The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06.

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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