Noble Mineral Exploration (CVE:NOB) Trading 28.6% Higher – Should You Buy?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) traded up 28.6% on Monday . The company traded as high as C$0.05 and last traded at C$0.05. 2,481,250 shares changed hands during trading, an increase of 750% from the average session volume of 291,829 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Up 28.6 %

The firm has a market cap of C$6.19 million, a PE ratio of 1.18 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. The firm’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04.

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.

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