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

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares shot up 45.5% during mid-day trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. 1,395,600 shares were traded 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 P/E ratio of 1.97 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. The firm has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.04.

About Noble Mineral Exploration

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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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