Niobay Metals Inc. (CVE:NBY – Get Free Report)’s share price was down 13.3% on Friday. The company traded as low as C$0.07 and last traded at C$0.07. 809,168 shares changed hands during trading, an increase of 362% from the average daily volume of 175,152 shares. The stock had previously closed at C$0.07.
Niobay Metals Stock Performance
The stock’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.09. The company has a market cap of C$12.22 million, a P/E 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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