Noble Mineral Exploration (CVE:NOB) Trading Up 26.9% – Should You Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price traded up 26.9% on Tuesday . The company traded as high as C$0.17 and last traded at C$0.17. 566,580 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 571,645 shares. The stock had previously closed at C$0.13.

Noble Mineral Exploration Price Performance

The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27. The firm has a market cap of C$20.63 million, a price-to-earnings ratio of -18.61 and a beta of -0.46. The stock’s 50-day moving average price is C$0.07 and its 200 day moving average price is 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. Noble Mineral Exploration Inc is headquartered in Toronto, Canada.

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