Noble Mineral Exploration (CVE:NOB) Shares Up 14.3% – Here’s What Happened

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shot up 14.3% during trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 365,000 shares changed hands during mid-day trading, an increase of 146% from the average session volume of 148,608 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Price Performance

The business’s 50-day moving average price is C$0.04 and its 200 day moving average price 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$5.50 million, a P/E ratio of 1.05 and a beta of 2.76.

Noble Mineral Exploration Company Profile

(Get Free Report)

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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