Niobay Metals (CVE:NBY) Trading 15.4% Higher – What’s Next?

Niobay Metals Inc. (CVE:NBYGet Free Report) shares traded up 15.4% on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. 362,063 shares changed hands during trading, an increase of 99% from the average session volume of 182,264 shares. The stock had previously closed at C$0.07.

Niobay Metals Price Performance

The stock has a market cap of C$14.07 million, a price-to-earnings ratio of -3.75 and a beta of 1.44. The company’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.10.

Niobay Metals Company Profile

(Get Free Report)

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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