Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s share price rose 27.3% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.07. Approximately 2,801,750 shares traded 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 Price Performance
The firm has a market capitalization of C$10.32 million, a PE ratio of 1.97 and a beta of 2.76. The stock has a 50-day moving average price of C$0.04 and a 200 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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