Noble Mineral Exploration (CVE:NOB) Trading Up 23.1% – Time to Buy?

by · The Cerbat Gem

Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s share price rose 23.1% during mid-day trading on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.16. Approximately 1,399,056 shares traded hands during trading, an increase of 95% from the average daily volume of 717,983 shares. The stock had previously closed at C$0.13.

Noble Mineral Exploration Stock Performance

The firm has a market cap of C$22.01 million, a PE ratio of -19.85 and a beta of -0.46. The firm’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.05. The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27.

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

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