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

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) was up 28.6% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,299,250 shares changed hands during mid-day trading, an increase of 382% from the average daily volume of 269,342 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Trading Up 28.6 %

The stock’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.04. 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 company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26.

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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