Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s stock price shot up 27.3% on Friday . The company traded as high as C$0.08 and last traded at C$0.07. 2,801,750 shares were traded during mid-day trading, an increase of 649% from the average session volume of 373,936 shares. The stock had previously closed at C$0.06.
Noble Mineral Exploration Stock Up 27.3 %
The stock has a market capitalization of C$9.63 million, a price-to-earnings ratio of 1.84 and a beta of 2.76. The firm has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26.
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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