Noble Mineral Exploration (CVE:NOB) Stock Price Up 27.3% – What’s Next?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shot up 27.3% on Thursday . The company traded as high as C$0.08 and last traded at C$0.07. 2,801,750 shares traded hands during mid-day trading, an increase of 650% from the average session volume of 373,698 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Stock Up 27.3 %

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 firm has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The firm has a market cap of C$9.63 million, a price-to-earnings ratio of 1.84 and a beta of 2.76.

Noble Mineral Exploration Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Noble Mineral Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Mineral Exploration and related companies with MarketBeat.com's FREE daily email newsletter.