Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s stock price shot up 18.2% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.07. 1,779,600 shares were traded during mid-day trading, an increase of 409% from the average session volume of 349,599 shares. The stock had previously closed at C$0.06.
Noble Mineral Exploration Stock Performance
The firm has a market cap of C$9.63 million, a P/E ratio of 1.84 and a beta of 2.76. 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 company’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.04.
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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