Noble Mineral Exploration (CVE:NOB) Trading 15.4% Higher – Time to Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) was up 15.4% during mid-day trading on Monday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 462,511 shares changed hands during trading, an increase of 108% from the average daily volume of 222,121 shares. The stock had previously closed at C$0.07.

Noble Mineral Exploration Trading Down 7.7%

The firm has a market capitalization of C$8.25 million, a price-to-earnings ratio of -7.44 and a beta of -0.46. 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 company has a 50-day moving average price of C$0.05 and a 200-day moving average price of 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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