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

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price traded up 28.6% during mid-day trading on Monday . The company 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 750% from the average session volume of 291,829 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Up 28.6 %

The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06. The company has a market capitalization of C$6.19 million, a PE ratio of 1.18 and a beta of 2.76. The company’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.04.

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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