Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shares rose 36.4% on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 2,354,600 shares traded hands during mid-day trading, an increase of 548% from the average daily volume of 363,290 shares. The stock had previously closed at C$0.06.
Noble Mineral Exploration Price Performance
The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The company has a market cap of C$10.32 million, a PE ratio of 1.97 and a beta of 2.76. The company has a current ratio of 14.06, a quick ratio of 16.26 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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