Noble Mineral Exploration (CVE:NOB) Trading Up 27.3% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price was up 27.3% during trading on Thursday . 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 Stock Up 7.1 %

The stock has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.04. The firm has a market capitalization of C$10.32 million, a P/E ratio of 1.97 and a beta of 2.76. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26.

About Noble Mineral Exploration

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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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