Niobay Metals Inc. (CVE:NBY – Get Free Report)’s share price traded down 19.2% during trading on Thursday . The company traded as low as C$0.11 and last traded at C$0.11. 713,335 shares traded hands during trading, an increase of 153% from the average session volume of 281,729 shares. The stock had previously closed at C$0.13.
Niobay Metals Price Performance
The firm has a market cap of C$18.71 million, a price-to-earnings ratio of -3.33 and a beta of 1.99. The business has a 50-day moving average of C$0.14 and a 200-day moving average of C$0.13.
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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