Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s stock price rose 27.3% during mid-day trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.07. Approximately 2,801,750 shares were traded during trading, an increase of 649% from the average daily volume of 373,936 shares. The stock had previously closed at C$0.06.
Noble Mineral Exploration Stock Up 7.1 %
The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The stock has a market cap of C$10.32 million, a price-to-earnings ratio of 1.97 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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