Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) was up 22.2% on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 1,148,532 shares changed hands during trading, an increase of 265% from the average daily volume of 314,721 shares. The stock had previously closed at C$0.05.
Noble Mineral Exploration Stock Performance
The company has a market cap of C$7.57 million, a P/E ratio of 1.45 and a beta of 2.76. The stock has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of 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.
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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