Noble Mineral Exploration (CVE:NOB) Shares Down 14.3% – Should You Sell?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) traded down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 441,570 shares traded hands during mid-day trading, an increase of 150% from the average session volume of 176,852 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Trading Down 14.3 %

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 cap of C$4.13 million, a price-to-earnings ratio of 0.79 and a beta of 2.76. The company’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04.

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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