Noble Mineral Exploration (CVE:NOB) Shares Up 28.6% – What’s Next?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price traded up 28.6% during trading on Monday . The stock traded as high as C$0.05 and last traded at C$0.05. 1,249,250 shares were traded during trading, an increase of 366% from the average session volume of 268,059 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Up 22.2 %

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 company has a market cap of C$7.57 million, a P/E ratio of 1.45 and a beta of 2.76. The firm’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

About Noble Mineral Exploration

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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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