Noble Mineral Exploration (CVE:NOB) Stock Price Up 27.3% – Still a Buy?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) rose 27.3% during trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 1,451,001 shares traded hands during trading, an increase of 529% from the average daily volume of 230,580 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Stock Up 27.3%

The firm has a market capitalization of C$9.63 million, a PE ratio of -8.68 and a beta of -0.46. 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 firm has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.05.

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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