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

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) was up 28.6% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,114,250 shares were traded during 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 Price Performance

The stock has a market capitalization of C$6.19 million, a PE ratio of 1.18 and a beta of 2.76. 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 firm’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is 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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