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

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) were up 28.6% on Monday . The company 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 321% from the average daily volume of 264,598 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Up 28.6 %

The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The firm has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.04. The firm has a market cap of C$6.19 million, a price-to-earnings 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.

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