Niobay Metals Inc. (CVE:NBY – Get Free Report) shot up 15.4% during mid-day trading on Monday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 362,063 shares were traded during mid-day 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 Stock Up 15.4%
The company has a market cap of C$14.07 million, a price-to-earnings ratio of -3.75 and a beta of 1.44. The firm has a 50-day simple moving average of C$0.08 and a 200 day simple moving average of C$0.09.
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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