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

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares rose 28.6% during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 2,481,250 shares were traded during mid-day 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 Stock Performance

The company has a market capitalization of C$7.57 million, a P/E ratio of 1.45 and a beta of 2.76. The stock’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06.

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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