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

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price rose 28.6% during trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 1,114,250 shares were traded during trading, an increase of 321% from the average daily volume of 264,598 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Price Performance

The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. 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$7.57 million, a price-to-earnings ratio of 1.45 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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