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

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price rose 27.3% during mid-day trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 1,343,000 shares changed hands during mid-day trading, an increase of 484% from the average daily volume of 230,007 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Price Performance

The company’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05. 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 stock has a market capitalization of C$11.00 million, a price-to-earnings ratio of -9.93 and a beta of -0.46.

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.

Further Reading

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