Noble Mineral Exploration (CVE:NOB) Stock Price Up 28.6% – Still a Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price shot up 28.6% during mid-day trading on Tuesday . 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 728% from the average session 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 market capitalization 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 current ratio of 14.06 and a quick ratio of 16.26.

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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