Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) rose 16.7% during mid-day trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 1,787,583 shares traded hands during trading, an increase of 742% from the average daily volume of 212,234 shares. The stock had previously closed at C$0.06.
Noble Mineral Exploration Price Performance
The business’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.04. The company has a market capitalization of C$9.63 million, a P/E ratio of -8.68 and a beta of -0.46. 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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