Noble Metal Group (NMG) Bond Prices Rise 0.8%
An issue of Noble Metal Group Incorporated (CVE:NMG) bonds rose 0.8% against their face value during trading on Thursday. The high-yield debt issue has a 9.5% coupon and is set to mature on October 15, 2021. The debt is now trading at $62.25 and was trading at $63.50 one week ago. Price moves in a company’s bonds in credit markets sometimes anticipate parallel moves in its stock price.
CVE:NMG remained flat at $C$0.01 on Friday. Noble Metal Group Incorporated has a 12 month low of C$0.01 and a 12 month high of C$0.04.
Noble Metal Group Company Profile (CVE:NMG)
Noble Metal Group Incorporated engages in the exploration and development of mineral properties. Noble Metal Group Incorporated is based in Chilliwack, Canada.
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