What’s Ahead for Niobay Metals Inc After Today’s Huge Increase?

 What's Ahead for Niobay Metals Inc After Today's Huge Increase?

The stock of Niobay Metals Inc (CVE:NBY) is a huge mover today! About 70,450 shares traded hands or 2.99% up from the average. Niobay Metals Inc (CVE:NBY) has risen 6.00% since October 18, 2016 and is uptrending. It has outperformed by 1.38% the S&P500.
The move comes after 8 months positive chart setup for the $30.14 million company. It was reported on Nov, 17 by Barchart.com. We have $2.63 PT which if reached, will make CVE:NBY worth $44.61M more.

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 $30.14 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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