Noble Mineral Exploration (CVE:NOB) Trading 28.6% Higher – Time to Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price was up 28.6% during mid-day trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 2,481,250 shares changed hands during trading, an increase of 728% from the average daily volume of 299,649 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Price Performance

The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04. 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 company has a market cap of C$6.19 million, a P/E ratio of 1.18 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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