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

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) were up 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 traded 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 Stock Performance

The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The stock has a market cap of C$6.19 million, a PE ratio of 1.18 and a beta of 2.76. The business has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04.

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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