Niobay Metals (CVE:NBY) Shares Up 30.8%

Shares of Niobay Metals Inc. (CVE:NBYGet Free Report) shot up 30.8% on Friday . The company traded as high as C$0.09 and last traded at C$0.09. 238,339 shares were traded during trading, an increase of 88% from the average session volume of 126,762 shares. The stock had previously closed at C$0.07.

Niobay Metals Price Performance

The business has a 50-day moving average of C$0.06 and a two-hundred day moving average of C$0.06. The company has a market cap of C$6.02 million, a P/E ratio of -2.50 and a beta of 0.31.

Niobay Metals Company Profile

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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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