Noble Stock Today

NOB Stock  CAD 0.06  0.01  20.00%   
Market Performance
3 of 100
Odds Of Distress
Over 73
Noble Mineral is selling for under 0.06 as of the 7th of February 2023; that is 20.00 percent increase since the beginning of the trading day. The stock's lowest day price was 0.06. Noble Mineral has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Noble Mineral Exploration are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of January 2023 and ending today, the 7th of February 2023. Click here to learn more.
Noble Mineral Exploration Inc., a junior exploration company, engages in the exploration and evaluation of mineral resources properties in Canada. Noble Mineral Exploration Inc. is headquartered in Toronto, Canada. NOBLE MINERAL operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.. The company has 137.55 M outstanding shares of which 97.88 K shares are now shorted by private and institutional investors with about 0.67 days to cover all short positions. More on Noble Mineral Exploration
Follow Valuation Odds of Bankruptcy
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Noble Mineral Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Noble Mineral's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Noble Mineral or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and President and DirectorVance White
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Noble Mineral's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Noble Mineral Exploration (NOB) is traded on TSX Venture Exchange in Canada and employs 14 people. The company currently falls under 'Nano-Cap' category with a current market capitalization of 8.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Noble Mineral's market, we take the total number of its shares issued and multiply it by Noble Mineral's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Noble Mineral Exploration classifies itself under Basic Materials sector and is part of Industrial Metals & Minerals industry. The entity has 137.55 M outstanding shares of which 97.88 K shares are now shorted by private and institutional investors with about 0.67 days to cover all short positions. Noble Mineral Exploration has accumulated about 1.05 M in cash with (583.55 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Noble Mineral Probability Of Bankruptcy
Ownership
Noble Mineral Exploration maintains a total of one hundred thirty-seven million five hundred fourty-eight thousand outstanding shares. Noble Mineral Exploration secures 8.95 % if its outstanding shares held by insiders and 8.95 % owned by institutional investors . Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation

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Noble Mineral Exploration Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Noble Mineral market risk premium is the additional return an investor will receive from holding Noble Mineral long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Noble Mineral. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Noble Mineral's alpha and beta are two of the key measurements used to evaluate Noble Mineral's performance over the market, the standard measures of volatility play an important role as well.

Noble Stock Against Markets

Picking the right benchmark for Noble Mineral stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Noble Mineral stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Noble Mineral is critical whether you are bullish or bearish towards Noble Mineral Exploration at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Noble Mineral without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Noble Mineral Corporate Directors

Noble Mineral corporate directors refer to members of a Noble Mineral board of directors. The board of directors generally takes responsibility for the Noble Mineral's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Noble Mineral's board members must vote for the resolution. The Noble Mineral board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Samuel Peralta - DirectorProfile
Michael Newbury - Independent DirectorProfile
Birks Bovaird - Independent DirectorProfile
Gordon McKinnon - Independent DirectorProfile

Invested in Noble Mineral Exploration?

The danger of trading Noble Mineral Exploration is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Noble Mineral is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Noble Mineral. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Noble Mineral Exploration is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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Please note, there is a significant difference between Noble Mineral's value and its price as these two are different measures arrived at by different means. Investors typically determine Noble Mineral value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Mineral's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.