Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shot up 22.2% during mid-day trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. 1,148,532 shares changed hands during mid-day trading, an increase of 268% from the average session volume of 312,380 shares. The stock had previously closed at C$0.05.
Noble Mineral Exploration Trading Up 22.2 %
The stock has a 50-day simple moving average of C$0.04 and a 200 day simple moving average of 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 company has a market cap of C$7.57 million, a price-to-earnings ratio of 1.45 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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