Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s share price rose 28.6% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,114,250 shares were traded during mid-day trading, an increase of 323% from the average daily volume of 263,444 shares. The stock had previously closed at C$0.04.
Noble Mineral Exploration Stock Performance
The stock has a market cap of C$6.19 million, a P/E ratio of 1.18 and a beta of 2.76. The firm’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27.
About Noble Mineral Exploration
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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