Noble Mineral Exploration (CVE:NOB) Trading Down 16.7% – What’s Next?

Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) dropped 16.7% on Monday . The company traded as low as C$0.20 and last traded at C$0.20. Approximately 725,427 shares were traded during trading, a decline of 44% from the average daily volume of 1,301,137 shares. The stock had previously closed at C$0.24.

Noble Mineral Exploration Stock Performance

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 stock has a market capitalization of C$17.88 million, a PE ratio of -16.13 and a beta of -0.46. The firm has a 50 day moving average of C$0.11 and a 200-day moving average of C$0.07.

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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