Noble Mineral Exploration (CVE:NOB) Trading 8.3% Higher – Time to Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price shot up 8.3% during trading on Tuesday . The stock traded as high as C$0.07 and last traded at C$0.07. 801,006 shares were traded during trading, an increase of 294% from the average session volume of 203,398 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Stock Performance

The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The stock’s 50 day moving average price is C$0.05 and its 200 day moving average price is C$0.04. The company has a market capitalization of C$9.63 million, a price-to-earnings ratio of -8.68 and a beta of -0.46.

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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