Niobay Metals (CVE:NBY) Trading Down 11.8% – Should You Sell?

Niobay Metals Inc. (CVE:NBYGet Free Report)’s share price was down 11.8% during trading on Monday . The company traded as low as C$0.15 and last traded at C$0.15. Approximately 239,088 shares were traded during trading, an increase of 6% from the average daily volume of 225,911 shares. The stock had previously closed at C$0.17.

Niobay Metals Stock Performance

The company has a fifty day simple moving average of C$0.17 and a two-hundred day simple moving average of C$0.11. The stock has a market capitalization of C$18.02 million, a price-to-earnings ratio of -4.50 and a beta of 0.41.

About Niobay Metals

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Niobay Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Niobay Metals and related companies with MarketBeat.com's FREE daily email newsletter.