Noble Mineral Exploration (CVE:NOB) Trading 22.2% Higher – Here’s What Happened

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

Noble Mineral Exploration Price Performance

The company 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 debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06. The business has a 50 day moving average price of C$0.04 and a 200-day moving average price 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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