Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shot up 22.2% during mid-day trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. 1,148,532 shares traded 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 market capitalization of C$7.57 million, a price-to-earnings ratio of 1.45 and a beta of 2.76. 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 business has a 50-day moving average price of C$0.04 and a 200-day moving average price of 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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