Noble Mineral Exploration (CVE:NOB) Stock Price Up 28.6% – Time to Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price was up 28.6% during mid-day trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 2,481,250 shares were traded during mid-day trading, an increase of 728% from the average daily volume of 299,649 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Price Performance

The business has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.04. The company has a market cap of C$7.57 million, a price-to-earnings ratio of 1.45 and a beta of 2.76. The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06.

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.

Further Reading

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