Noble Mineral Exploration (CVE:NOB) Trading Up 14.3% – Should You Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price rose 14.3% during mid-day trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 365,000 shares were traded during mid-day trading, an increase of 146% from the average daily volume of 148,608 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Price Performance

The firm has a market cap of C$4.81 million, a price-to-earnings ratio of 0.92 and a beta of 2.76. 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 business’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.04.

About Noble Mineral Exploration

(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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