Niobay Metals Inc. (CVE:NBY – Get Free Report) shares rose 33.3% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 1,580,094 shares changed hands during mid-day trading, an increase of 865% from the average daily volume of 163,707 shares. The stock had previously closed at C$0.06.
Niobay Metals Trading Down 12.5%
The stock has a market cap of C$7.22 million, a P/E ratio of -2.33 and a beta of 0.29. The firm’s fifty day moving average is C$0.06 and its 200 day moving average is C$0.06.
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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