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

Shares of Noble Mineral Exploration Inc. (CVE:NOB) traded up 27.3% during trading on Thursday . The stock 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 Stock Up 27.3 %

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 stock has a market capitalization of C$9.63 million, a P/E ratio of 1.84 and a beta of 2.76. The stock’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.04.

Noble Mineral Exploration Company Profile

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.