Noble Mineral Exploration (CVE:NOB) Trading Up 28.6% – What’s Next?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares shot up 28.6% on Monday . The company traded as high as C$0.05 and last traded at C$0.05. 1,114,250 shares changed hands during mid-day trading, an increase of 323% from the average session volume of 263,444 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Price Performance

The stock’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. 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 stock has a market capitalization of C$6.19 million, a P/E ratio of 1.18 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.

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