Niobay Metals Inc. (CVE:NBY – Get Free Report) rose 21.4% during mid-day trading on Tuesday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 1,047,641 shares traded hands during mid-day trading, an increase of 470% from the average daily volume of 183,952 shares. The stock had previously closed at C$0.07.
Niobay Metals Trading Up 5.9%
The firm’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.06. The stock has a market cap of C$9.28 million, a P/E ratio of -3.00 and a beta of 0.29.
Niobay Metals Company Profile
Niobay Metals Inc engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for niobium, tantalum, titanium, and phosphate properties. It holds 100% interests in the James Bay niobium project that covers an area of 8,833 hectares located in the James Bay Lowlands in northeastern Ontario, Canada; and 72.5% interests in the Crevier niobium and tantalum project that covers 83 contiguous concessions covering a total of 4,645 hectares located to the north of Girardville, in the Lac Saint-Jean region, province of Quebec, Canada.
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