Noble Mineral Exploration (CVE:NOB) Trading 28.6% Higher – Time to Buy?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shot up 28.6% on Monday . The company traded as high as C$0.05 and last traded at C$0.05. 2,481,250 shares changed hands during trading, an increase of 728% from the average session volume of 299,649 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Up 28.6 %

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 company has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The firm has a market capitalization of C$6.19 million, a P/E ratio of 1.18 and a beta of 2.76.

Noble Mineral Exploration Company Profile

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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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