Niobay Metals Inc. (CVE:NBY – Get Free Report)’s stock price shot up 15.4% during trading on Monday. The stock traded as high as C$0.07 and last traded at C$0.07. 388,015 shares changed hands during trading, an increase of 119% from the average session volume of 177,025 shares. The stock had previously closed at C$0.07.
Niobay Metals Trading Down 6.7%
The stock’s 50 day moving average price is C$0.08 and its 200 day moving average price is C$0.09. The company has a market capitalization of C$13.16 million, a price-to-earnings ratio of -3.50 and a beta of 1.11.
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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