Noble Mineral Exploration (CVE:NOB) Trading 23.1% Higher – What’s Next?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price was up 23.1% on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.16. Approximately 1,164,930 shares changed hands during trading, an increase of 71% from the average daily volume of 679,655 shares. The stock had previously closed at C$0.13.

Noble Mineral Exploration Price Performance

The company has a market capitalization of C$22.01 million, a PE ratio of -19.85 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. The firm’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.05.

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

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