Niobay Metals Inc. (CVE:NBY – Get Free Report) passed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of C$0.07 and traded as low as C$0.07. Niobay Metals shares last traded at C$0.07, with a volume of 831,168 shares traded.
Niobay Metals Price Performance
The business’s 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.09. The firm has a market capitalization of C$12.22 million, a price-to-earnings ratio of -3.25 and a beta of 0.69.
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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