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

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

The company has a market capitalization of C$10.32 million, a PE ratio of 1.97 and a beta of 2.76. The company has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27.

About Noble Mineral Exploration

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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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