Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shot up 28.6% during mid-day trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. 1,114,250 shares changed hands during mid-day trading, an increase of 321% from the average session volume of 264,598 shares. The stock had previously closed at C$0.04.
Noble Mineral Exploration Trading Up 28.6 %
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 business has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The stock has a market cap of C$6.19 million, a price-to-earnings ratio of 1.18 and a beta of 2.76.
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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