Noble Mineral Exploration (CVE:NOB) Reaches New 52-Week Low – Should You Sell?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price reached a new 52-week low on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 110000 shares traded. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Performance

The firm has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The firm has a market capitalization of C$4.13 million, a price-to-earnings ratio of 0.92 and a beta of 2.76.

About Noble Mineral Exploration

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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.

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