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

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price traded up 27.3% during mid-day trading on Friday . The company traded as high as C$0.08 and last traded at C$0.07. 2,801,750 shares changed hands during trading, an increase of 649% from the average session 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 quick ratio of 16.26 and a current ratio of 14.06. The firm has a market capitalization of C$10.32 million, a price-to-earnings ratio of 1.97 and a beta of 2.76. The business has a fifty day moving average of C$0.04 and a two-hundred day moving average of 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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