Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) rose 28.6% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 2,481,250 shares changed hands during trading, an increase of 728% from the average daily volume of 299,649 shares. The stock had previously closed at C$0.04.
Noble Mineral Exploration Price Performance
The company has a 50 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$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.
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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