Noble Mineral Exploration (CVE:NOB) Stock Price Up 42.9% – Here’s What Happened

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares were up 42.9% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,065,250 shares were traded during trading, an increase of 312% from the average daily volume of 258,726 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Performance

The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. 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 stock has a market capitalization of C$6.19 million, a price-to-earnings ratio of 1.18 and a beta of 2.76.

About Noble Mineral Exploration

(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.

Featured 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.