Noble Mineral Exploration (CVE:NOB) Hits New 52-Week Low – Time to Sell?

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 Price Performance

The stock has a market cap of C$13.21 million, a price-to-earnings ratio of 1.69 and a beta of 0.52. The company has a 50-day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.09. The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06.

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. Noble Mineral Exploration Inc is headquartered in Toronto, Canada.

Further Reading

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