Noble Mineral Exploration (CVE:NOB) Stock Price Up 20% – Should You Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price traded up 20% during trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. 226,060 shares traded hands during mid-day trading, an increase of 10% from the average session volume of 205,702 shares. The stock had previously closed at C$0.05.

Noble Mineral Exploration Stock Performance

The firm has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.04. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The stock has a market cap of C$8.25 million, a price-to-earnings ratio of -7.44 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.

Featured Stories

Receive News & Ratings for Noble Mineral Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Mineral Exploration and related companies with MarketBeat.com's FREE daily email newsletter.