Noble Mineral Exploration (NOB) AI Stock Analysis

• Market Cap: C$24.92M
• Dividend Yield: N/A
• Average Volume (3M): 138.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.21
• Revenue Growth: N/A
• EPS Growth: -970.00%
• Country: CA
• Employees: N/A
• Sector: General
• Sector Strength: N/A
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 237,299,410
• 10 Day Avg. Volume: 214,262
• 30 Day Avg. Volume: 138,457
• PEG Ratio: 0.16
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.31
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 36 Underperform
• Price Target: ―

Noble Mineral Exploration's stock performance is significantly hindered by poor financial health, with no revenue generation and persistent losses. While technical analysis suggests mixed signals, the valuation remains unattractive with a negative P/E ratio. Despite promising exploration results and strategic corporate events, the company's financial instability overshadows these developments.

Positive Factors

Promising Exploration Results

The successful exploration results in the Timmins Nickel District highlight the potential for large-scale nickel resource development, which could enhance Noble's long-term growth prospects and market position in the mineral exploration industry.

Strategic Nickel Project Consolidation

The strategic consolidation of nickel projects with Canada Nickel enhances Noble's exposure to valuable nickel assets, potentially increasing its competitive advantage and providing a stable foundation for future growth in the nickel market.

Strong Shareholder Support

Strong shareholder support, as evidenced by high approval rates at the AGM, reinforces confidence in Noble's governance and strategic direction, which is crucial for long-term stability and execution of exploration projects.

Negative Factors

Lack of Revenue Generation

The absence of revenue generation indicates significant financial instability, limiting Noble's ability to fund operations and invest in exploration activities, which is critical for sustaining long-term growth and competitiveness.

Negative Cash Flow

Persistent negative cash flow reflects poor cash management and liquidity challenges, which could hinder Noble's ability to finance exploration projects and meet operational needs, impacting its long-term financial health.

Ongoing Net Losses

Continuous net losses undermine Noble's financial stability and ability to achieve profitability, posing a risk to its long-term viability and capacity to attract investment for future exploration endeavors.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-1.80K	-3.00K	0.00	0.00	0.00	0.00
EBITDA	-2.21M	-1.16M	-2.24M	0.00	1.64M	0.00
Net Income	-2.06M	-1.16M	-2.24M	3.38M	1.64M	4.17M
Balance Sheet
Total Assets	8.81M	9.48M	9.74M	11.61M	14.62M	9.71M
Cash, Cash Equivalents and Short-Term Investments	2.74M	3.40M	4.81M	8.25M	10.50M	6.45M
Total Debt	0.00	0.00	0.00	0.00	251.66K	334.83K
Total Liabilities	628.91K	656.65K	410.31K	738.25K	883.89K	964.91K
Stockholders Equity	8.18M	8.82M	9.33M	10.87M	13.73M	8.74M
Cash Flow
Free Cash Flow	-1.11M	-1.76M	-2.71M	-2.50M	-1.16M	-1.18M
Operating Cash Flow	-873.77K	-967.38K	-1.17M	-1.07M	-581.33K	-583.55K
Investing Cash Flow	589.26K	-92.04K	-973.87K	-1.42M	-480.72K	755.82K
Financing Cash Flow	-49.09K	639.47K	529.46K	2.53M	2.80M	127.64K

Noble Mineral Exploration Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NOB, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.07, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 69.30 is Neutral, neither overbought nor oversold. The STOCH value of 84.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NOB.

Noble Mineral Exploration Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
AIR	53 Neutral	C$25.06M	-17.86	-4.21%	―	―	66.86%
CFE	52 Neutral	C$22.48M	30.20	-25.01%	―	―	―
RRI	48 Neutral	C$16.30M	-9.24	-15.87%	―	―	-90.32%
SHL	47 Neutral	C$22.61M	-12.82	-17.20%	―	―	-17400.00%
NOB	36 Underperform	C$24.92M	-80.77	―	―	―	-970.00%

Noble Mineral Exploration Corporate Events

Noble Mineral Exploration Launches New Drilling Program in Timmins

Noble Mineral Exploration Inc. has commenced a diamond drill program in Carnegie Township near Timmins, Ontario, as part of a 50/50 partnership with 11530313 Canada Inc. The program includes two 500-meter holes to follow up on previous drilling and aims to explore potential mineralization similar to the Kidd Creek Mine. This initiative, carried out on lands recently transferred to Canada Nickel, highlights Noble’s strategic efforts to enhance its exploration activities and strengthen its position in the mining industry.

Noble Mineral Exploration Enhances Shareholder Protection and Investor Relations

Noble Mineral Exploration Inc. has adopted a Shareholder Rights Plan Agreement to ensure fair treatment of shareholders in the event of a takeover bid, providing the Board with time to explore alternatives to maximize shareholder value. Additionally, Noble has engaged GRA Enterprises LLC to enhance its investor relations, aiming to increase awareness of the company’s activities among stakeholders, with the plan subject to regulatory approval.

Noble Mineral Exploration Initiates New Drilling Program in Timmins

Noble Mineral Exploration Inc. has announced a new diamond drill program in the Timmins area, Ontario, with plans to drill 1000 meters in two holes to further define geology and mineralization. An additional 1000 meters are scheduled for early 2026 in the Southwest Carnegie Township. This initiative reflects Noble’s ongoing commitment to advancing its exploration projects and could potentially enhance its positioning in the mineral exploration industry.

Noble Mineral Exploration Expands Portfolio with Rare Earth Acquisition in Labrador

Noble Mineral Exploration has acquired a rare earth element-rich property in Labrador, known as the Chapiteau Property. This acquisition positions Noble strategically near significant deposits like Strange Lake and Crater Lake, potentially enhancing its resource base and exploration prospects. The property has shown promising results from past surveys and sampling, with high concentrations of rare earth oxides, indicating a strong potential for future development and value creation for stakeholders.

Noble Mineral Exploration Closes Private Placement and Extends Warrants

Noble Mineral Exploration Inc. announced the successful closure of its non-brokered private placement, raising approximately $1,027,997.94 to fund exploration expenditures on its properties in Ontario. The company issued 17,133,299 flow-through common share units and 8,566,649 warrants, with securities subject to a four-month hold period. Additionally, Noble extended the term of 7,933,333 common share purchase warrants from previous placements, now set to expire in 2027, with final approval received from the TSX Venture Exchange. These developments are expected to bolster Noble’s exploration activities and strengthen its market position.

Noble Mineral Exploration Acquires Strategic Rare Earth Property in Quebec

Noble Mineral Exploration Inc. has acquired a rare earth property near the Montviel Rare Earth Resource in Quebec, Canada. This acquisition, through map staking, consists of 54 map-staked units covering approximately 3,000 hectares. The proximity to the Montviel deposit, which is one of the largest rare-earth element resources in North America, positions Noble to potentially benefit from the growing demand for rare earth elements. Noble plans to conduct geophysics and drilling to explore the property’s potential, which could enhance its market positioning in the rare earth element sector.

Noble Mineral Exploration Launches $1.08 Million Private Placement

Noble Mineral Exploration Inc. announced a non-brokered private placement to raise up to $1,080,000 through the issuance of flow-through common share units. The proceeds from this initiative are intended to fund exploration expenditures on the company’s properties, potentially enhancing its exploration capabilities and market position. This move could have implications for stakeholders by increasing the company’s exploration activities and potentially leading to new discoveries.

Noble Mineral Exploration Proposes Warrant Extension to 2027

Noble Mineral Exploration Inc. has announced a proposal to extend the expiry dates of a total of 7,933,333 common share purchase warrants, originally issued as part of its previous private placements. The extension, which is subject to acceptance by the TSX Venture Exchange, aims to extend the 2022 Warrants to 2027 and the 2023 Warrants to 2027, allowing more time for warrant holders to exercise their options. This strategic move could potentially impact the company’s liquidity and market positioning by providing additional capital-raising opportunities.

Noble Mineral Exploration Expands with New Rare Earth Acquisition in Quebec

Noble Mineral Exploration Inc. has acquired 90 mining claims covering approximately 4,465 hectares in Northern Quebec, known as the Mehmet Property. This acquisition is part of Noble’s strategy to explore critical minerals in Canada, particularly rare earth elements. The property is characterized by a unique hyperalkaline rock structure with significant rare metal mineralization, including allanite, zirconium, and neodymium. The acquisition underscores Noble’s commitment to expanding its portfolio in critical minerals, potentially enhancing its industry positioning and offering new opportunities for stakeholders.

Noble Mineral Exploration Sells Island Pond Claims to Benton Resources

Noble Mineral Exploration Inc. has agreed to sell its Island Pond claims in Newfoundland to Benton Resources Inc. in exchange for 1,000,000 common shares of Benton and $30,000, while retaining a 1% net smelter returns royalty. This strategic move aligns with Noble’s focus on leveraging its extensive mineral rights portfolio and could enhance its financial position through the share acquisition and retained royalty, potentially benefiting stakeholders by strengthening its market presence in the mining sector.