Noble Mineral Exploration (NOB) AI Stock Analysis

• Market Cap: C$13.05M
• Dividend Yield: N/A
• Average Volume (3M): 493.25K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.92
• Revenue Growth: N/A
• EPS Growth: -9.80%
• Country: CA
• Employees: N/A
• Sector: Energy
• Sector Strength: 72
• Industry: Other Precious Metals
• EPS (TTM): >-0.01
• Shares Outstanding: 237,299,410
• 10 Day Avg. Volume: 75,300
• 30 Day Avg. Volume: 493,245
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -34.50
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Noble Mineral Exploration's stock performance is significantly hindered by its poor financial health, with no revenue generation and persistent losses. While the technical indicators suggest some upward momentum, overbought conditions pose risks. The company's strategic moves in nickel and uranium exploration present potential long-term growth opportunities, reflected in its corporate events score, yet these are overshadowed by current financial weaknesses.

Noble Mineral Exploration Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Noble Mineral Exploration generates revenue through the strategic acquisition, exploration, and potential development of mineral-rich properties. The company primarily earns money by entering into joint venture agreements and partnerships with other mining companies that are interested in further exploring or developing Noble's properties. These partnerships often involve upfront payments, funding commitments for exploration, and potential royalties from future mineral production. Additionally, Noble may sell or option its properties to other companies, which can lead to one-time revenue gains or ongoing royalty payments depending on the terms of the agreements.

Noble Mineral Exploration Financial Statement Overview

Summary

Noble Mineral Exploration faces significant financial challenges, with no revenue generation and ongoing losses affecting its income statement. The balance sheet is somewhat stable with no debt, but the lack of profitability and negative cash flow highlight a pressing need for improved financial performance and strategy.

Income Statement

Noble Mineral Exploration has consistently reported zero revenue over the analyzed periods, with significant net losses. The net profit margin is negative, reflecting ongoing operational challenges. The absence of revenue growth and consistent losses indicate financial instability in the company's income generation.

Balance Sheet

The company maintains a healthy equity base with no debt, resulting in a low debt-to-equity ratio. However, the return on equity is negative due to persistent net losses, and the equity ratio suggests a strong reliance on equity for financing. While the balance sheet remains stable, the lack of profitability is concerning.

Cash Flow

Negative operating cash flow and free cash flow highlight cash management issues, with free cash flow worsening over time. The company's ability to convert income to cash is weak, impacting its liquidity position. Despite some financing inflows, the cash flow situation remains strained.

Breakdown
TTM	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-2.10K	0.00	0.00	0.00	0.00	0.00
	EBIT
-398.76K	-771.46K	-6.73M	-3.41M	-710.64K	-1.41M
	EBITDA
-797.67K	0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
-1.34M	-2.24M	3.38M	1.64M	4.17M	-917.84K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.00M	4.81M	8.25M	10.50M	6.45M	1.44M
	Total Assets
9.19M	9.74M	11.61M	14.62M	9.71M	4.64M
	Total Debt
0.00	0.00	0.00	251.66K	334.83K	0.00
	Net Debt
-94.99K	-548.28K	-2.16M	-1.86M	-41.84K	-76.76K
	Total Liabilities
679.15K	410.31K	738.25K	883.89K	964.91K	363.69K
	Stockholders Equity
8.51M	9.33M	10.87M	13.73M	8.74M	4.28M
Cash Flow		Free Cash Flow
-1.62M	-2.71M	-2.50M	-1.16M	-1.18M	-1.22M
	Operating Cash Flow
-509.16K	-1.17M	-1.07M	-581.33K	-583.55K	-663.62K
	Investing Cash Flow
155.51K	-973.87K	-1.42M	-480.72K	755.82K	-492.62K
	Financing Cash Flow
639.47K	529.46K	2.53M	2.80M	127.64K	827.98K

Noble Mineral Exploration Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.06
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NOB, the sentiment is Neutral. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.05, and above the 200-day MA of 0.04, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 52.08 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:NOB.

Noble Mineral Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	79 Outperform	C$2.86B	18.47	26.82%	―	77.93%	236.93%
Sector *	58 Neutral	$9.12B	5.24	-7.59%	7.51%	0.53%	-65.25%
GFG	47 Neutral	C$51.14M	29.23	4.96%	―	―	―
NOB	41 Neutral	C$13.05M	―	-15.16%	―	―	-9.80%
SKE	41 Neutral	C$1.63B	―	-141.24%	―	―	-66.33%
GEM	32 Underperform	C$2.16M	―	-57.97%	―	―	53.47%
ADZ	31 Underperform	C$2.90M	―	-19.36%	―	―	-36.58%

Noble Mineral Exploration Corporate Events

Noble Mineral Exploration Reports Promising Nickel Discoveries in Timmins

Noble Mineral Exploration announced successful exploration results from its joint venture with Canada Nickel in the Timmins Nickel District. Canada Nickel reported high-grade nickel findings at the Mann West property, highlighting the large-scale potential of the district. The results underscore the district’s vast nickel resources, with plans to publish additional resource data by mid-2025. This development enhances Noble’s prospects in the region, as the Mann property, partially owned by Noble, shows promising exploration outcomes.

Noble Mineral Exploration Secures Strong Shareholder Support at 2025 AGM

Noble Mineral Exploration Inc. announced the results of its 2025 Annual General and Special Meeting, where shareholders approved the re-election of the board of directors, re-appointment of the company’s auditor, and re-approval of the 2022 Equity Incentive Plan, all with over 97% of votes cast. These approvals reflect strong shareholder support and are likely to positively impact the company’s governance and strategic direction, enhancing its position in the mineral exploration industry.

Noble Mineral Exploration Finalizes Strategic Nickel Project Consolidation

Noble Mineral Exploration Inc. has finalized transactions with Canada Nickel Company Inc. under an Implementation Agreement, consolidating their interests in nickel projects in Ontario. The transactions involve the creation of East Timmins Nickel Ltd., a subsidiary of Canada Nickel, where Noble holds a 20% interest. Noble transferred its Project 81 interests to Canada Nickel, retaining exploration rights for non-nickel minerals and a royalty on transferred properties. The move is aimed at maximizing the value of the Mann Township properties and gaining exposure to new nickel targets, with plans to distribute a portion of Noble’s holdings in ETN to its shareholders upon ETN going public.

Noble Minerals Expands Portfolio with Acquisition of Uranium-Molybdenum Property

Noble Mineral Exploration has acquired the Taser North Property in Northern Quebec, a significant uranium-molybdenum prospect. The property, located in the Ungava Bay region, encompasses high-grade metamorphic rocks and is part of the Central Quebec Uranium Lineament. Historical exploration in 2007 revealed uranium-bearing outcrops with notable grades, indicating the property’s potential for uranium mineralization. This acquisition positions Noble to further explore these promising geological formations, potentially enhancing its operations and impact in the mineral exploration sector.

Noble Mineral Expands Cere Villebon Property, Boosting Resource Potential

Noble Mineral Exploration Inc. has significantly expanded its Cere Villebon property in Quebec by acquiring additional claims, tripling the property’s size to 1,573 hectares. This expansion follows promising results from the 2023 drill program, which revealed notable mineralization in certain drill holes. The newly acquired area will be evaluated for similar mineralization potential, potentially enhancing the company’s resource base and positioning in the mining sector.

Noble Mineral Exploration Acquires Promising Chateau Property in Quebec

Noble Mineral Exploration Inc. has announced the acquisition of the Chateau Property in the Kitivik region of Northern Quebec, which spans 569 hectares. This property is recognized for its significant mineralization of uranium, rare earth elements, phosphorus, and silver, as indicated by historical grab samples from a 2008 reconnaissance program. The mineralization is associated with a notable thorium-equivalent airborne radiometric anomaly, highlighting the project’s potential to contribute critical minerals crucial for various industries. This acquisition positions Noble as a key player in the mineral exploration sector, aiming to capitalize on the demand for critical mineral resources.

Noble and Canada Nickel Forge New Exploration Venture with ExploreCo

Noble Mineral Exploration Inc. and Canada Nickel Company Inc. have signed a Definitive Implementation Agreement to create a new private exploration company, ExploreCo. This move involves transferring certain mining claims to consolidate interests in nickel projects northeast of Timmins, Ontario. Canada Nickel will initially fund ExploreCo with $5 million, and the company will be owned 80% by Canada Nickel and 20% by Noble. The agreement aims to maximize the value of the Mann Township properties while allowing Noble to gain exposure to new nickel sulphide targets without significant upfront dilution.