Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s stock price shot up 22.2% during trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. 1,148,532 shares changed hands during mid-day trading, an increase of 265% from the average session volume of 314,721 shares. The stock had previously closed at C$0.05.
Noble Mineral Exploration Stock Up 22.2 %
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$7.57 million, a price-to-earnings ratio of 1.45 and a beta of 2.76. The business’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.04.
About Noble Mineral Exploration
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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