Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shares were up 28.6% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 2,481,250 shares traded hands during mid-day 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 firm’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The stock has a market cap of C$6.19 million, a PE ratio of 1.18 and a beta of 2.76. The company has a current ratio of 14.06, a quick ratio of 16.26 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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