Niobay Metals Inc. (CVE:NBY – Get Free Report) hit a new 52-week low during mid-day trading on Thursday. The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 260,000 shares trading hands. The stock had previously closed at C$0.07.
Niobay Metals Price Performance
The company has a market capitalization of C$12.22 million, a P/E ratio of -3.25 and a beta of 1.11. The stock’s 50 day moving average is C$0.08 and its 200-day moving average is 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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