Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shot up 16.7% during mid-day trading on Wednesday . The company traded as high as C$0.07 and last traded at C$0.07. 1,787,583 shares traded hands during mid-day trading, an increase of 742% from the average session volume of 212,234 shares. The stock had previously closed at C$0.06.
Noble Mineral Exploration Price Performance
The business’s 50 day simple moving average is C$0.05 and its 200-day simple moving average 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 company has a market cap of C$9.63 million, a price-to-earnings ratio of -8.68 and a beta of -0.46.
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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