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Noble Mineral Exploration
(NOB)
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Rating:48Neutral
Price Target:
C$0.06
▼(-1.67% Downside)
Action:Reiterated
Date:08/26/26
The score is weighed down primarily by weak financial performance (no revenue, persistent operating losses, and consistent negative operating/free cash flow). Technicals also lean negative with the price below key longer-term moving averages. A low P/E provides some valuation support, but it is tempered by the company’s unstable, non-cash-backed earnings profile.
Positive Factors
Minimal leverage
A minimally leveraged balance sheet reduces interest obligations and financial risk, giving Noble greater flexibility to fund exploration, preserve assets, and pursue opportunities without substantial debt repayment pressure.
Negative Factors
No operating revenue
The absence of recurring operating revenue means Noble lacks a self-funded commercial business model. Progress therefore depends on exploration success, financing, partnerships, or asset transactions rather than established customer demand.
Read all positive and negative factors
Positive Factors
Negative Factors
Minimal leverage
A minimally leveraged balance sheet reduces interest obligations and financial risk, giving Noble greater flexibility to fund exploration, preserve assets, and pursue opportunities without substantial debt repayment pressure.
Read all positive factors
Noble Mineral Exploration (NOB) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$15.85M
Dividend YieldN/A
Average Volume (3M)196.97K
Price to Earnings (P/E)2.1
Beta (1Y)3.36
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.03
Shares Outstanding264,233,460
10 Day Avg. Volume146,525
30 Day Avg. Volume196,975
Financial Highlights & Ratios
PEG Ratio0.42
Price to Book (P/B)1.11
Price to Sales (P/S)0.00
P/FCF Ratio-12.36
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Noble Mineral Exploration Business Overview & Revenue Model
Company Description
Operating as a junior enterprise, Noble Mineral Exploration Inc. is dedicated to the discovery and evaluation of mineral resources across Canada. The company primarily targets deposits containing nickel, cobalt, gold, copper, and Platinum Group Me...
How the Company Makes Money
Noble Mineral Exploration is an exploration-stage company; publicly available sources do not provide a product-sales-based operating revenue model typical of producing miners. As a result, specific, recurring revenue streams from mineral productio...
Noble Mineral Exploration Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
74
Positive
Cash Flow
32
Negative
| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -2.04K | -2.40K | -3.00K | 0.00 | 0.00 | 0.00 |
| EBITDA | 245.95K | -290.19K | -1.16M | -2.24M | -1.68M | 1.64M |
| Net Income | 7.14M | -297.92K | -1.16M | -2.24M | 3.38M | 1.64M |
Balance Sheet | ||||||
| Total Assets | 14.47M | 9.08M | 9.48M | 9.74M | 11.61M | 14.62M |
| Cash, Cash Equivalents and Short-Term Investments | 8.51M | 3.39M | 3.40M | 4.81M | 8.25M | 10.50M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 251.66K |
| Total Liabilities | 728.91K | 556.27K | 656.65K | 410.31K | 738.25K | 883.89K |
| Stockholders Equity | 13.74M | 8.52M | 8.82M | 9.33M | 10.87M | 13.73M |
Cash Flow | ||||||
| Free Cash Flow | -1.16M | -768.09K | -1.76M | -2.71M | -2.50M | -1.16M |
| Operating Cash Flow | -951.71K | -547.90K | -967.38K | -1.17M | -1.07M | -581.33K |
| Investing Cash Flow | 341.96K | 432.15K | -92.04K | -973.87K | -1.42M | -480.72K |
| Financing Cash Flow | 2.11M | 0.00 | 639.47K | 529.46K | 2.53M | 2.80M |
Noble Mineral Exploration Technical Analysis
Negative
0.06
Price Trends
0.06
Negative
0.07
Negative
0.08
Negative
Market Momentum
>-0.01
Positive
47.90
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NOB, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.06, below the 50-day MA of 0.06, and below the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.90 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NOB.
Noble Mineral Exploration Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
56 Neutral | C$39.36M | 19.35 | 12.62% | ― | ― | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
51 Neutral | C$16.26M | -10.83 | -4.53% | ― | ― | 45.37% | |
48 Neutral | C$15.85M | 2.11 | 55.78% | ― | ― | ― | |
48 Neutral | C$17.74M | -10.94 | -38.09% | ― | ― | -19.38% | |
44 Neutral | C$88.65M | -150.00 | -6.58% | 27.50% | ― | 87.89% |
* General Sector Average
TSE:NOB
Noble Mineral Exploration
0.06
0.03
87.50%
TSE:CFE
Cartier Iron
0.21
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0.42
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-24.44%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.