Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s share price rose 22.2% during mid-day trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 1,148,532 shares changed hands during trading, an increase of 265% from the average daily volume of 314,721 shares. The stock had previously closed at C$0.05.
Noble Mineral Exploration Stock Performance
The stock has a market capitalization of C$7.57 million, a P/E ratio of 1.45 and a beta of 2.76. The stock’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is 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.
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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