Noble Mineral Exploration (CVE:NOB) Reaches New 12-Month High – Time to Buy?

Shares of Noble Mineral Exploration Inc. (CVE:NOBGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.09 and last traded at C$0.08, with a volume of 283000 shares trading hands. The stock had previously closed at C$0.08.

Noble Mineral Exploration Stock Performance

The company has a quick ratio of 16.26, a current ratio of 14.06 and a debt-to-equity ratio of 1.27. The company has a market capitalization of C$11.69 million, a PE ratio of -10.55 and a beta of -0.46. The stock’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.05.

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. Noble Mineral Exploration Inc is headquartered in Toronto, Canada.

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