Noble Mineral Exploration (CVE:NOB) Stock Price Up 16.7% – Time to Buy?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) rose 16.7% on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 989,006 shares changed hands during trading, an increase of 375% from the average daily volume of 208,191 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Trading Up 16.7%

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 business’s 50 day moving average is C$0.05 and its 200-day moving average is C$0.04. The firm has a market cap of C$9.63 million, a P/E ratio of -8.68 and a beta of -0.46.

Noble Mineral Exploration Company Profile

(Get Free Report)

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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