Noble Mineral Exploration (CVE:NOB) Stock Price Up 21.7% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price traded up 21.7% during mid-day trading on Monday . The company traded as high as C$0.15 and last traded at C$0.14. 1,257,067 shares changed hands during mid-day trading, an increase of 168% from the average session volume of 468,653 shares. The stock had previously closed at C$0.12.

Noble Mineral Exploration Stock Performance

The company has a market cap of C$17.88 million, a price-to-earnings ratio of -16.13 and a beta of -0.46. 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 stock’s 50 day moving average price is C$0.07 and its 200 day moving average price is C$0.05.

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

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