Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report) 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 were traded during 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 Trading Up 7.1 %
The firm has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The company has a market cap of C$10.32 million, a PE ratio of 1.97 and a beta of 2.76. 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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