Noble Mineral Exploration (CVE:NOB) Shares Down 7.7% – Should You Sell?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) traded down 7.7% during mid-day trading on Friday . The stock traded as low as C$0.12 and last traded at C$0.12. 294,738 shares changed hands during trading, a decline of 72% from the average session volume of 1,052,888 shares. The stock had previously closed at C$0.13.

Noble Mineral Exploration Stock Down 3.8%

The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27. The company has a 50 day simple moving average of C$0.13 and a two-hundred day simple moving average of C$0.08. The company has a market capitalization of C$17.19 million, a P/E ratio of -15.51 and a beta of -0.46.

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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