Noble Mineral Exploration (CVE:NOB) Trading Up 39.1% – Still a Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shares shot up 39.1% on Tuesday . The stock traded as high as C$0.16 and last traded at C$0.16. 1,097,606 shares traded hands during trading, a decline of 20% from the average session volume of 1,379,730 shares. The stock had previously closed at C$0.12.

Noble Mineral Exploration Stock Up 39.1%

The firm has a market capitalization of C$22.01 million, a P/E ratio of -19.85 and a beta of -0.46. The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The company’s 50-day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.07.

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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