Noble Mineral Exploration (CVE:NOB) Stock Price Up 14.3% – Still a Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) rose 14.3% during trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 176,000 shares were traded during mid-day 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 Trading Down 12.5 %

The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The stock has a market cap of C$4.81 million, a P/E ratio of 0.92 and a beta of 2.76. The firm’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05.

About Noble Mineral Exploration

(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.

Further Reading

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.