Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) shot up 12.5% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 364,548 shares were traded during trading, an increase of 12% from the average session volume of 325,768 shares. The stock had previously closed at C$0.04.
Noble Mineral Exploration Trading Up 11.1 %
The firm’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04. 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 company has a market capitalization of C$6.88 million, a PE ratio of 1.32 and a beta of 2.76.
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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