Noble Mineral Exploration (CVE:NOB) Shares Up 27.3% – What’s Next?

Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s stock price shot up 27.3% during trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.07. 2,801,750 shares traded hands during mid-day trading, an increase of 649% from the average session volume of 373,936 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Stock Performance

The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06. The firm has a market cap of C$9.63 million, a P/E ratio of 1.84 and a beta of 2.76. The business’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.04.

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.

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