Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shot up 11.1% on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 1,048,532 shares were traded during mid-day trading, an increase of 260% from the average session volume of 291,050 shares. The stock had previously closed at C$0.05.
Noble Mineral Exploration Price Performance
The stock has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The stock has a market capitalization of C$7.57 million, a price-to-earnings ratio of 1.45 and a beta of 2.76.
Noble Mineral Exploration Company Profile
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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