Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shares shot up 12.5% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. 322,000 shares traded hands during trading, an increase of 20% from the average session volume of 268,364 shares. The stock had previously closed at C$0.04.
Noble Mineral Exploration Stock Performance
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 firm has a market capitalization of C$6.19 million, a price-to-earnings ratio of 1.18 and a beta of 2.76. The firm’s 50 day simple moving average is C$0.05 and its 200 day simple 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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