Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shares rose 27.3% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.07. Approximately 2,801,750 shares were traded 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 7.1 %
The stock has a market capitalization of C$10.32 million, a price-to-earnings ratio of 1.97 and a beta of 2.76. The firm’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.04. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26.
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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