Niobay Metals Inc. (CVE:NBY – Get Free Report)’s share price fell 9.1% on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 432,002 shares traded hands during trading, an increase of 146% from the average daily volume of 175,535 shares. The stock had previously closed at C$0.09.
Niobay Metals Stock Down 9.1%
The firm has a market cap of C$15.01 million, a price-to-earnings ratio of -4.00 and a beta of 1.44. The stock has a fifty day moving average price of C$0.09 and a 200-day moving average price of C$0.10.
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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