Niobay Metals Inc. (CVE:NBY – Get Free Report) fell 21.1% during mid-day trading on Wednesday . The stock traded as low as C$0.08 and last traded at C$0.08. 221,700 shares traded hands during trading, an increase of 76% from the average session volume of 126,313 shares. The stock had previously closed at C$0.10.
Niobay Metals Stock Performance
The company has a market cap of C$7.74 million, a P/E ratio of -3.17 and a beta of 0.35. The business has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of C$0.06.
About Niobay Metals
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.
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