Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shot up 27.3% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.07. 2,801,750 shares traded hands during trading, an increase of 649% from the average session volume of 373,936 shares. The stock had previously closed at C$0.06.
Noble Mineral Exploration Stock Performance
The firm’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. 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$9.63 million, a PE 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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