Noble Mineral Exploration (CVE:NOB) Trading 15.4% Higher – Here’s What Happened

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price rose 15.4% during trading on Monday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 462,511 shares traded hands during trading, an increase of 107% from the average daily volume of 223,136 shares. The stock had previously closed at C$0.07.

Noble Mineral Exploration Trading Down 7.7%

The firm has a market cap of C$8.25 million, a price-to-earnings ratio of -7.44 and a beta of -0.46. The business has a fifty day moving average of C$0.05 and a two-hundred day 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.

About Noble Mineral Exploration

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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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