Noble Mineral Exploration (CVE:NOB) Trading 27.3% Higher – What’s Next?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares were up 27.3% during trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.07. Approximately 2,801,750 shares traded hands during trading, an increase of 649% from the average daily volume of 373,936 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Price Performance

The business has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. 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 stock has a market cap of C$10.32 million, a PE ratio of 1.97 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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