Noble Mineral Exploration (CVE:NOB) Stock Price Up 16.7% – Time to Buy?

by · The Markets Daily

Noble Mineral Exploration Inc. (CVE:NOB – Get Free Report)’s share price was up 16.7% on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 1,787,583 shares changed hands during mid-day trading, an increase of 742% from the average daily volume of 212,234 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Trading Down 7.1%

The business has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.04. The stock has a market capitalization of C$8.94 million, a price-to-earnings ratio of -8.06 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.

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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