Noble Mineral Exploration (CVE:NOB) Shares Down 18.2% – Time to Sell?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price was down 18.2% during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 130,000 shares were traded during trading, a decline of 37% from the average daily volume of 206,292 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Stock Down 9.1%

The firm has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The firm has a market cap of C$6.88 million, a PE ratio of -6.20 and a beta of -0.46.

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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