Noble Mineral Exploration (CVE:NOB) Shares Down 10%

Noble Mineral Exploration Inc (CVE:NOB) shares were down 10% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09, approximately 96,500 shares traded hands during trading. A decline of 53% from the average daily volume of 205,402 shares. The stock had previously closed at C$0.10.

The company has a market cap of $11.26 million and a price-to-earnings ratio of -5.28. The firm has a 50-day simple moving average of C$0.09 and a 200 day simple moving average of C$0.08.

About Noble Mineral Exploration (CVE:NOB)

Noble Mineral Exploration Inc, a junior exploration company, engages in the exploration and evaluation of mineral resources properties in Canada. The company primarily explores for nickel and gold deposits. Its principal project is the Project 81 that covers an area of approximately 70,641 hectares located in Northern Ontario, Timmins- Cochrane Area.

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