Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s share price rose 27.3% on Thursday . The company traded as high as C$0.08 and last traded at C$0.07. Approximately 2,801,750 shares traded hands during mid-day trading, an increase of 650% from the average daily volume of 373,698 shares. The stock had previously closed at C$0.06.
Noble Mineral Exploration Stock Up 27.3 %
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 current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The stock has a market capitalization of C$9.63 million, a price-to-earnings ratio of 1.84 and a beta of 2.76.
Noble Mineral Exploration Company Profile
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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