Noble Mineral Exploration (CVE:NOB) Trading Up 22.2% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price rose 22.2% on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 1,148,532 shares traded hands during mid-day trading, an increase of 265% from the average daily volume of 314,721 shares. The stock had previously closed at C$0.05.

Noble Mineral Exploration Trading Up 22.2 %

The stock has a market capitalization of C$7.57 million, a price-to-earnings ratio of 1.45 and a beta of 2.76. The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The company has a fifty day moving average of C$0.04 and a two-hundred day moving average of 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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