Noble Mineral Exploration (CVE:NOB) Stock Price Up 20% – Here’s What Happened

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shot up 20% during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. 226,060 shares traded hands during mid-day trading, an increase of 10% from the average session volume of 205,702 shares. The stock had previously closed at C$0.05.

Noble Mineral Exploration Price Performance

The company has a market cap of C$7.57 million, a PE ratio of -6.82 and a beta of -0.46. The business has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.04. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26.

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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