Noble Mineral Exploration (CVE:NOB) Trading Up 14.3% – Should You Buy?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) were up 14.3% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 176,000 shares were traded during trading, a decline of 7% from the average daily volume of 189,516 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Performance

The company has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.05. 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 stock has a market capitalization of C$5.50 million, a P/E ratio of 0.92 and a beta of 2.76.

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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