Niobay Metals (CVE:NBY) Trading Up 18.2%

Niobay Metals Inc. (CVE:NBY)’s stock price traded up 18.2% during mid-day trading on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. 214,000 shares changed hands during mid-day trading, an increase of 55% from the average session volume of 138,399 shares. The stock had previously closed at C$0.06.

Niobay Metals Stock Down 7.7 %

The business’s 50 day moving average price is C$0.06 and its 200-day moving average price is C$0.06. The company has a market cap of C$5.09 million, a PE ratio of -2.00 and a beta of 0.31.

Niobay Metals Company Profile

Niobay Metals Inc, a mineral resource company, acquires, explores for, evaluates, and develops mining properties in Canada. The company explores for niobium, tantalum, titanium, and phosphate properties. It holds 100% interests in the James Bay 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.