Noble Mineral Exploration (CVE:NOB) Stock Price Up 28.6% – Here’s What Happened

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shot up 28.6% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 2,481,250 shares traded hands during mid-day trading, an increase of 728% from the average session volume of 299,649 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Performance

The company has a quick ratio of 16.26, a current ratio of 14.06 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. The business has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.04.

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.

Further Reading

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