Noble Mineral Exploration (CVE:NOB) Trading Up 27.3% – Here’s Why

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) was up 27.3% on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 1,471,001 shares were traded during trading, an increase of 537% from the average daily volume of 230,768 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Stock Up 27.3%

The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06. The company has a market cap of C$9.63 million, a price-to-earnings ratio of -8.68 and a beta of -0.46. The business has a 50-day simple moving average of C$0.05 and a 200-day simple moving average of C$0.05.

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.

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