Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) rose 42.9% on Monday . The company traded as high as C$0.05 and last traded at C$0.05. 1,065,250 shares traded hands during trading, an increase of 312% from the average daily volume of 258,726 shares. The stock had previously closed at C$0.04.
Noble Mineral Exploration Stock Up 28.6 %
The firm has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The stock has a market capitalization of C$6.19 million, a price-to-earnings ratio of 1.18 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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