Noble Mineral Exploration (CVE:NOB) Trading 15.8% Higher – Here’s What Happened
by Michael Walen · The Markets DailyNoble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s stock price was up 15.8% during mid-day trading on Thursday . The stock traded as high as C$0.11 and last traded at C$0.11. Approximately 157,475 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 711,357 shares. The stock had previously closed at C$0.10.
Noble Mineral Exploration Stock Performance
The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The business’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.09. The stock has a market cap of C$14.44 million, a P/E ratio of -13.03 and a beta of -0.46.
About Noble Mineral Exploration
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.