Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s share price rose 27.3% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.07. Approximately 2,801,750 shares traded hands 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 Price Performance
The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27. The company’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The company has a market cap of C$9.63 million, a price-to-earnings ratio of 1.84 and a beta of 2.76.
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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