Niobay Metals (CVE:NBY) Shares Down 13.3% – What’s Next?

Niobay Metals Inc. (CVE:NBY – Get Free Report)’s stock price traded down 13.3% during mid-day trading on Thursday . The stock traded as low as C$0.13 and last traded at C$0.13. 430,085 shares changed hands during mid-day trading, an increase of 29% from the average session volume of 334,148 shares. The stock had previously closed at C$0.15.

Niobay Metals Stock Down 3.6%

The stock has a market cap of C$25.25 million, a P/E ratio of -4.50 and a beta of 1.68. The firm has a 50 day simple moving average of C$0.14 and a 200-day simple moving average of C$0.13.

About Niobay Metals

(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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