Shares of Niobay Metals Inc. (CVE:NBY – Get Free Report) were down 9.1% during trading on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08. 432,002 shares traded hands during trading, an increase of 146% from the average session volume of 175,535 shares. The stock had previously closed at C$0.09.
Niobay Metals Trading Up 6.3%
The company has a market capitalization of C$15.94 million, a P/E ratio of -4.25 and a beta of 1.44. The company’s fifty day moving average is C$0.09 and its 200 day moving average is C$0.10.
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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