Noble Mineral Exploration (CVE:NOB) Shares Up 28.6% – Time to Buy?

Noble Mineral Exploration Inc. (CVE:NOBGet Free Report)’s share price traded up 28.6% during trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05. 2,481,250 shares changed hands during trading, an increase of 750% from the average session volume of 291,829 shares. The stock had previously closed at C$0.04.

Noble Mineral Exploration Stock Up 22.2 %

The company has a current ratio of 14.06, a quick ratio of 16.26 and a debt-to-equity ratio of 1.27. The stock has a market cap of C$7.57 million, a price-to-earnings ratio of 1.45 and a beta of 2.76. The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.04.

About Noble Mineral Exploration

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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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