Noble Mineral Exploration (CVE:NOB) Shares Up 27.3% – Time to Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price was up 27.3% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.07. Approximately 2,801,750 shares changed hands during trading, an increase of 649% from the average daily volume of 373,936 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Price Performance

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 company has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The company has a market cap of C$9.63 million, a P/E ratio of 1.84 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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