Noble Mineral Exploration (CVE:NOB) Trading Up 18.2% – Still a Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s stock price shot up 18.2% on Thursday . The stock traded as high as C$0.08 and last traded at C$0.07. 1,779,600 shares were traded during trading, an increase of 409% from the average session volume of 349,599 shares. The stock had previously closed at C$0.06.

Noble Mineral Exploration Price Performance

The stock has a market capitalization of C$10.32 million, a PE ratio of 1.97 and a beta of 2.76. The stock’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27.

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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