Niobay Metals Inc. (NBYCF)

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LATE ENTRY, NOV 28, 2016


What’s Propelling Niobay Metals Inc to Decline So Much?

?November 28, 2016 ?Richard Conner


What's Propelling Niobay Metals Inc to Decline So Much?

The stock of Niobay Metals Inc (CVE:NBY) is a huge mover today! About 21,400 shares traded hands. Niobay Metals Inc (CVE:NBY) has risen 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.
The move comes after 8 months negative chart setup for the $26.48M company. It was reported on Nov, 28 by Barchart.com. We have $0.80 PT which if reached, will make CVE:NBY worth $1.85 million less.

More news for Niobay Metals Inc (CVE:NBY) were recently published by: Marketwired.com, which released: “MDN Announces Name Change, New Stock Symbol and Share Consolidation” on September 20, 2016. Reuters.com‘s article titled: “MDN announces name change, new stock symbol and share consolidation” and published on September 20, 2016 is yet another important article.

Niobay Metals Inc, formerly MDN Inc, is a Canada mineral exploration company. The company has a market cap of $26.48 million. The Company’s business consists of acquiring, exploring and evaluating mining properties. It currently has negative earnings. The Firm is in the exploration and evaluation-stage.