Noble Mineral Exploration (CVE:NOB) Trading Up 28.6% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price rose 28.6% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 2,481,250 shares changed hands during trading, an increase of 728% from the average daily volume of 299,649 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Trading Up 28.6 %

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 firm has a market capitalization of C$6.19 million, a P/E ratio of 1.18 and a beta of 2.76. The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06.

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.

See Also

Receive News & Ratings for Noble Mineral Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Mineral Exploration and related companies with MarketBeat.com's FREE daily email newsletter.