Noble Mineral Exploration (CVE:NOB) Stock Price Up 23.1% – Here’s What Happened

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price rose 23.1% during mid-day trading on Tuesday . The company traded as high as C$0.17 and last traded at C$0.16. Approximately 1,399,056 shares traded hands during trading, an increase of 95% from the average daily volume of 717,983 shares. The stock had previously closed at C$0.13.

Noble Mineral Exploration Price Performance

The firm has a market capitalization of C$22.01 million, a P/E ratio of -19.85 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 firm has a 50 day moving average price of C$0.07 and a 200-day moving average price of C$0.05.

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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