Noble Mineral Exploration (CVE:NOB) Stock Price Up 21.7% – What’s Next?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) traded up 21.7% on Monday . The company traded as high as C$0.15 and last traded at C$0.14. 886,073 shares were traded during mid-day trading, an increase of 168% from the average session volume of 331,015 shares. The stock had previously closed at C$0.12.

Noble Mineral Exploration Stock Performance

The business has a fifty day moving average of C$0.07 and a 200 day moving average of C$0.05. The company has a market cap of C$17.88 million, a P/E ratio of -16.13 and a beta of -0.46. The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27.

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. Noble Mineral Exploration Inc is headquartered in Toronto, Canada.

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