Noble Mineral Exploration (CVE:NOB) Shares Up 42.9% – Time to Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price rose 42.9% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,065,250 shares traded hands during trading, an increase of 312% from the average daily volume of 258,726 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Performance

The company has a market cap of C$6.19 million, a P/E ratio of 1.18 and a beta of 2.76. The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.04. The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27.

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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