Noble Mineral Exploration (CVE:NOB) Stock Price Up 11.1% – What’s Next?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares shot up 11.1% on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. 1,048,532 shares traded hands during mid-day trading, an increase of 260% from the average session volume of 291,050 shares. The stock had previously closed at C$0.05.

Noble Mineral Exploration Stock Performance

The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27. The company has a market cap of C$7.57 million, a PE ratio of 1.45 and a beta of 2.76. The firm has a fifty day simple moving average of C$0.04 and a 200-day simple moving average 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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