Noble Mineral Exploration (CVE:NOB) Trading Up 39.1% – What’s Next?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares were up 39.1% during trading on Monday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 1,565,847 shares were traded during trading, an increase of 194% from the average daily volume of 531,740 shares. The stock had previously closed at C$0.12.

Noble Mineral Exploration Stock Performance

The company has a market capitalization of C$17.88 million, a PE ratio of -16.13 and a beta of -0.46. The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06. The stock’s fifty day simple moving average is C$0.07 and its 200-day simple moving average is C$0.05.

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. Noble Mineral Exploration Inc is headquartered in Toronto, Canada.

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