Niobay Metals Inc. (CVE:NBY – Get Free Report) shares were down 11.8% during trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 321,804 shares were traded during mid-day trading, an increase of 85% from the average daily volume of 174,012 shares. The stock had previously closed at C$0.09.
Niobay Metals Price Performance
The firm has a 50 day moving average of C$0.09 and a two-hundred day moving average of C$0.10. The stock has a market cap of C$14.07 million, a PE ratio of -3.75 and a beta of 1.44.
About Niobay Metals
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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