Noble Mineral Exploration (CVE:NOB) Sets New 52-Week High – Time to Buy?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.08, with a volume of 119482 shares changing hands. The stock had previously closed at C$0.08.

Noble Mineral Exploration Stock Performance

The company has a 50 day simple moving average of C$0.04 and a 200 day simple 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 stock has a market capitalization of C$10.32 million, a PE ratio of 1.97 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.

Further Reading

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