Noble Mineral Exploration (CVE:NOB) Stock Price Down 11.1% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares were down 11.1% on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 148,177 shares traded hands during trading, a decline of 40% from the average daily volume of 246,414 shares. The stock had previously closed at C$0.05.

Noble Mineral Exploration Stock Up 12.5 %

The business’s 50 day moving average price is C$0.04 and its 200-day moving average price 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 firm has a market capitalization of C$6.19 million, a PE ratio of 1.18 and a beta of 2.76.

Noble Mineral Exploration Company Profile

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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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