Noble Mineral Exploration (CVE:NOB) Stock Price Up 27.3% – Time to Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price was up 27.3% on Friday . The company traded as high as C$0.08 and last traded at C$0.07. Approximately 2,801,750 shares were traded during mid-day trading, an increase of 649% from the average daily volume of 373,936 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Price Performance

The company has a debt-to-equity ratio of 1.27, a current ratio of 14.06 and a quick ratio of 16.26. The business’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The stock has a market capitalization of C$9.63 million, a price-to-earnings ratio of 1.84 and a beta of 2.76.

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.

Featured Stories

Receive News & Ratings for Noble Mineral Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noble Mineral Exploration and related companies with MarketBeat.com's FREE daily email newsletter.