Noble Mineral Exploration (CVE:NOB) Shares Up 28.6% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price traded up 28.6% during trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 2,481,250 shares were traded during trading, an increase of 750% from the average session volume of 291,829 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Trading Up 22.2 %

The business has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The firm has a market cap of C$7.57 million, a price-to-earnings ratio of 1.45 and a beta of 2.76. The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06.

Noble Mineral Exploration Company Profile

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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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