Noble Mineral Exploration (CVE:NOB) Trading Up 21.7% – Still a Buy?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) rose 21.7% on Monday . The company traded as high as C$0.15 and last traded at C$0.14. Approximately 886,073 shares were traded during mid-day trading, an increase of 168% from the average daily volume of 331,015 shares. The stock had previously closed at C$0.12.

Noble Mineral Exploration Trading Down 3.1%

The company has a market cap of C$21.32 million, a P/E ratio of -19.23 and a beta of -0.46. 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 business has a 50 day moving average price of C$0.08 and a 200-day moving average price of C$0.05.

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. Noble Mineral Exploration Inc is headquartered in Toronto, Canada.

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