Noble Mineral Exploration (CVE:NOB) Trading Up 22.2% – What’s Next?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) traded up 22.2% during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. 1,148,532 shares changed hands during trading, an increase of 265% from the average session volume of 314,721 shares. The stock had previously closed at C$0.05.

Noble Mineral Exploration Stock Up 22.2 %

The firm has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a market capitalization of C$7.57 million, a P/E ratio of 1.45 and a beta of 2.76. The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27.

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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