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

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price rose 28.6% on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 1,114,250 shares changed hands during mid-day trading, an increase of 323% from the average daily volume of 263,444 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Trading Up 28.6 %

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 business has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The company has a market cap of C$6.19 million, a PE ratio of 1.18 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.

Read More

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.