Noble Mineral Exploration (CVE:NOB) Shares Up 25% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares were up 25% on Wednesday . The stock traded as high as C$0.26 and last traded at C$0.25. Approximately 1,502,566 shares changed hands during trading, an increase of 42% from the average daily volume of 1,058,237 shares. The stock had previously closed at C$0.20.

Noble Mineral Exploration Trading Up 22.5%

The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27. The company has a market capitalization of C$33.70 million, a PE ratio of -30.40 and a beta of -0.46. The stock’s fifty day moving average price is C$0.09 and its two-hundred day moving average price is C$0.06.

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

Featured Stories

Receive News & Ratings for Noble Mineral Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Mineral Exploration and related companies with MarketBeat.com's FREE daily email newsletter.