Noble Mineral Exploration (CVE:NOB) Stock Price Up 28.6% – Time to Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price was up 28.6% during mid-day trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,299,250 shares were traded during trading, an increase of 382% from the average daily volume of 269,342 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Up 22.2 %

The firm has a market capitalization of C$7.57 million, a P/E ratio of 1.45 and a beta of 2.76. The company’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is 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.

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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