Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shot up 28.6% during mid-day trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 2,481,250 shares were traded during trading, an increase of 728% from the average session 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 two-hundred day simple moving average of C$0.04. The stock has a market capitalization of C$7.57 million, a price-to-earnings ratio of 1.45 and a beta of 2.76. 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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