Shares of Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) were up 27.3% on Friday . The stock traded as high as C$0.08 and last traded at C$0.07. Approximately 2,801,750 shares changed hands during mid-day 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 Performance
The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The stock has a market cap of C$9.63 million, a price-to-earnings ratio of 1.84 and a beta of 2.76. The firm has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04.
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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