Noble Mineral Exploration (CVE:NOB) Shares Up 39.1% – Here’s What Happened

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) rose 39.1% on Tuesday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 1,097,606 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 1,379,730 shares. The stock had previously closed at C$0.12.

Noble Mineral Exploration Stock Up 39.1%

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 stock has a market cap of C$22.01 million, a price-to-earnings ratio of -19.85 and a beta of -0.46. The business’s fifty day moving average is C$0.11 and its two-hundred day moving average is C$0.07.

About Noble Mineral Exploration

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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.

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