Noble Mineral Exploration (CVE:NOB) Stock Price Up 12.5% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares traded up 12.5% during trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 364,548 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 325,768 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Performance

The firm’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. 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 firm has a market capitalization of C$6.19 million, a PE ratio of 1.18 and a beta of 2.76.

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.

Further Reading

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.