Noble Mineral Exploration (CVE:NOB) Trading Up 27.3% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) 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 were traded during 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 Stock Performance

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 stock has a market cap of C$9.63 million, a price-to-earnings ratio of 1.84 and a beta of 2.76. 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.

Noble Mineral Exploration Company Profile

(Get Free Report)

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.

Further Reading

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