Noble Mineral Exploration (CVE:NOB) Sets New 12-Month Low – Should You Sell?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 23035 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 current ratio of 14.06 and a quick ratio of 16.26. The company has a market cap of C$4.13 million, a price-to-earnings ratio of 0.92 and a beta of 2.76. The business has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04.

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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