Noble Mineral Exploration (CVE:NOB) Shares Down 14.3% – Time to Sell?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price traded down 14.3% during 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 Stock Down 14.3 %

The firm’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04. 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 company has a market capitalization of C$4.13 million, a PE ratio of 0.79 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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