Noble Mineral Exploration (CVE:NOB) Hits New 12-Month High – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOB)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.17 and last traded at C$0.16, with a volume of 581092 shares changing hands. The stock had previously closed at C$0.16.

Noble Mineral Exploration Trading Up 17.6%

The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The stock has a market capitalization of C$27.51 million, a P/E ratio of -24.81 and a beta of -0.46. The business’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.06.

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.