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

 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.

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