Is Niobay Metals Inc a Sell? The Stock Declines Again

 Is Niobay Metals Inc a Sell? The Stock Declines Again

The stock of Niobay Metals Inc (CVE:NBY) is a huge mover today! About 13,846 shares traded hands. Niobay Metals Inc (CVE:NBY) has risen 6.00% since October 12, 2016 and is uptrending. It has underperformed by 0.15% the S&P500.
The move comes after 8 months negative chart setup for the $34.26 million company. It was reported on Nov, 11 by Barchart.com. We have $0.95 PT which if reached, will make CVE:NBY worth $4.80 million less.

More recent Niobay Metals Inc (CVE:NBY) news were published by: Marketwired.com which released: “MDN Announces Name Change, New Stock Symbol and Share Consolidation” on September 20, 2016. Also Marketwired.com published the news titled: “MDN Announces Special Meeting of Shareholders” on July 19, 2016. Reuters.com‘s news article titled: “MDN announces name change, new stock symbol and share consolidation” with publication date: September 20, 2016 was also an interesting one.

Niobay Metals Inc, formerly MDN Inc, is a Canada mineral exploration company. The company has a market cap of $34.26 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.

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