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

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shot up 27.3% during mid-day trading on Friday . The stock traded as high as C$0.08 and last traded at C$0.07. 2,801,750 shares traded hands during 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 Up 7.1 %

The company has a market cap of C$10.32 million, a P/E ratio of 1.97 and a beta of 2.76. 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 company’s 50-day moving average is C$0.04 and its two-hundred day 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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