Noble Mineral Exploration (CVE:NOB) Stock Price Up 15.4% – What’s Next?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price shot up 15.4% during mid-day trading on Monday . The company traded as high as C$0.08 and last traded at C$0.08. 462,511 shares changed hands during mid-day trading, an increase of 107% from the average session volume of 223,136 shares. The stock had previously closed at C$0.07.

Noble Mineral Exploration Stock Performance

The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The firm has a market capitalization of C$8.94 million, a price-to-earnings ratio of -8.06 and a beta of -0.46. The firm’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.04.

About Noble Mineral Exploration

(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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