Shares of Niobay Metals Inc. (CVE:NBY – Get Free Report) were down 13.3% during trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 430,085 shares traded hands during trading, an increase of 29% from the average daily volume of 334,148 shares. The stock had previously closed at C$0.15.
Niobay Metals Stock Performance
The stock has a market cap of C$24.32 million, a price-to-earnings ratio of -4.33 and a beta of 1.68. The company’s 50 day simple moving average is C$0.14 and its two-hundred day simple moving average is 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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