Shares of Niobay Metals Inc. (CVE:NBY – Get Free Report) shot up 27.3% on Saturday . The stock traded as high as C$0.07 and last traded at C$0.07. 518,467 shares were traded during mid-day trading, an increase of 231% from the average session volume of 156,579 shares. The stock had previously closed at C$0.06.
Niobay Metals Stock Up 27.3 %
The firm has a market capitalization of C$7.22 million, a price-to-earnings ratio of -2.33 and a beta of 0.29. The company has a fifty day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06.
Niobay Metals Company Profile
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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