Noble Mineral Exploration (CVE:NOB) Stock Price Up 28.6% – Here’s What Happened

Noble Mineral Exploration Inc. (CVE:NOB)’s stock price traded up 28.6% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 2,481,250 shares traded hands during mid-day trading, an increase of 728% from the average session volume of 299,649 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Price Performance

The business has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.04. The firm has a market cap of C$6.19 million, a P/E ratio of 1.18 and a beta of 2.76. The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27.

Noble Mineral Exploration Company Profile

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.