Noble Mineral Exploration (CVE:NOB) Trading Up 28.6% – Should You Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) shot up 28.6% during trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 2,481,250 shares traded 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 Performance

The company has a debt-to-equity ratio of 1.27, a quick ratio of 16.26 and a current ratio of 14.06. The stock 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 200 day moving average is C$0.04.

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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