Noble Mineral Exploration (CVE:NOB) Trading Up 45.5% – Here’s What Happened

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price shot up 45.5% during mid-day trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. 1,395,600 shares traded hands during trading, an increase of 344% from the average session volume of 314,442 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Stock Up 7.1 %

The firm has a market cap of C$10.32 million, a price-to-earnings ratio of 1.97 and a beta of 2.76. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The stock has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.04.

Noble Mineral Exploration Company Profile

(Get Free Report)

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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