Noble Mineral Exploration (CVE:NOB) Reaches New 12-Month High – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as C$0.09 and last traded at C$0.08, with a volume of 283000 shares traded. The stock had previously closed at C$0.08.

Noble Mineral Exploration Trading Up 6.7%

The stock’s fifty day moving average price is C$0.06 and its 200 day moving average price is C$0.05. 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 stock has a market capitalization of C$11.00 million, a P/E ratio of -9.93 and a beta of -0.46.

About Noble Mineral Exploration

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

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