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

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

Noble Mineral Exploration Stock Performance

The firm has a market cap of C$8.94 million, a PE ratio of -8.06 and a beta of -0.46. The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The company has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.04.

Noble Mineral Exploration Company Profile

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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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