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

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price traded up 27.3% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.07. 2,801,750 shares changed hands during mid-day trading, an increase of 649% from the average session volume of 373,936 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Trading Up 7.1 %

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 has a market cap of C$10.32 million, a P/E ratio of 1.97 and a beta of 2.76. The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.04.

Noble Mineral Exploration Company Profile

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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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