Niobay Metals Inc (TSE:NBY)
:NBY
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Niobay Metals
(NBY)
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Rating:47Neutral
Price Target:
C$0.13
▼(-26.11% Downside)
Action:ReiteratedDate:01/13/26
The score is held down primarily by weak fundamentals (no revenue, ongoing losses, and continued cash burn despite no debt) and limited valuation support (negative P/E, no dividend). These are partially offset by strong recent technical strength, though momentum looks overextended, raising near-term pullback risk.
Positive Factors
Conservative balance sheet (no debt)
Reporting zero debt materially reduces financial risk for an exploration-stage company. This conservatism preserves optionality to pursue milestone-driven exploration, supports negotiation leverage with partners, and provides flexibility to time financings rather than being forced by interest obligations.
Negative Factors
No revenue and persistent losses
Lack of operating revenue and ongoing operating losses mean the company cannot self-fund exploration or progress to development. Over the medium term this forces continual dependence on capital markets or partners and makes long-term sustainability contingent on external funding conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet (no debt)
Reporting zero debt materially reduces financial risk for an exploration-stage company. This conservatism preserves optionality to pursue milestone-driven exploration, supports negotiation leverage with partners, and provides flexibility to time financings rather than being forced by interest obligations.
Read all positive factors
Niobay Metals (NBY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$12.68M
Dividend YieldN/A
Average Volume (3M)430.33K
Price to Earnings (P/E)―
Beta (1Y)0.39
Revenue GrowthN/A
EPS Growth-33.65%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding133,468,570
10 Day Avg. Volume923,287
30 Day Avg. Volume430,333
Financial Highlights & Ratios
PEG Ratio0.25
Price to Book (P/B)1.18
Price to Sales (P/S)0.00
P/FCF Ratio-2.05
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Niobay Metals Business Overview & Revenue Model
Company Description
Niobay Metals Inc., a mineral resource company, acquires, explores for, evaluates, and develops mining properties in Canada. The company explores for niobium and tantalum deposits. Its principal asset is the James Bay Project that covers an area o...
How the Company Makes Money
Niobay Metals generates revenue through the exploration and potential development of its mineral properties, primarily focusing on niobium. The company aims to monetize its resources through the eventual sale or partnership in the development of i...
Niobay Metals Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
52
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -82.69K | -95.06K | -115.83K | -122.45K | -18.19K | -14.97K |
| EBITDA | -3.40M | -2.34M | -2.48M | -4.76M | -4.45M | -748.73K |
| Net Income | -3.16M | -2.40M | -2.10M | -4.46M | -3.97M | -744.79K |
Balance Sheet | ||||||
| Total Assets | 3.20M | 3.55M | 4.06M | 6.17M | 11.13M | 14.35M |
| Cash, Cash Equivalents and Short-Term Investments | 2.31M | 2.68M | 3.09M | 4.53M | 10.18M | 13.17M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 187.11K | 382.57K | 154.49K | 782.90K | 1.11M | 1.06M |
| Stockholders Equity | 3.80M | 3.92M | 4.61M | 5.87M | 10.10M | 13.27M |
Cash Flow | ||||||
| Free Cash Flow | -3.13M | -2.26M | -2.24M | -6.68M | -4.00M | -2.91M |
| Operating Cash Flow | -3.13M | -2.22M | -2.21M | -6.17M | -3.83M | -2.89M |
| Investing Cash Flow | 0.00 | -40.00K | -25.00K | 449.80K | 569.78K | 1.97M |
| Financing Cash Flow | 3.02M | 1.85M | 798.92K | 73.25K | 271.91K | 10.83M |
Niobay Metals Technical Analysis
Negative
0.18
Price Trends
0.11
Negative
0.13
Negative
0.12
Negative
Market Momentum
>-0.01
Negative
45.49
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NBY, the sentiment is Negative. The current price of 0.18 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.11, and above the 200-day MA of 0.12, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.49 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NBY.
Niobay Metals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | C$30.74M | -28.24 | -19.47% | ― | ― | ― | |
50 Neutral | C$13.54M | -0.32 | 22.72% | ― | ― | 158.45% | |
47 Neutral | C$12.68M | -3.58 | -92.87% | ― | ― | -33.65% | |
46 Neutral | C$12.46M | -5.43 | -34.77% | ― | ― | 86.96% | |
44 Neutral | C$9.82M | 0.16 | -179.75% | ― | ― | 15.69% | |
43 Neutral | C$19.63M | -24.18 | -6.20% | ― | ― | -205.83% |
* Basic Materials Sector Average
TSE:NBY
Niobay Metals
0.10
0.04
58.33%
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0.08
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Silver Elephant Mining
0.18
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120.00%
TSE:SRA
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387.50%
TSE:WLF
Wolfden Resources
0.08
<0.01
15.38%
Niobay Metals Corporate Events
Business Operations and StrategyPrivate Placements and Financing
NioBay Metals Raises C$8.9 Million to Advance James Bay Niobium Project
Positive
Dec 18, 2025
NioBay Metals has closed a brokered and concurrent non-brokered private placement for total gross proceeds of approximately C$8.9 million, issuing a mix of common share units, flow-through units, and charity flow-through units, all with warrants e...
Business Operations and StrategyPrivate Placements and Financing
NioBay Metals Upsizes Private Placement to $7.5 Million
Positive
Dec 3, 2025
NioBay Metals Inc. has announced an increase in its private placement offering due to strong investor demand, raising the maximum gross proceeds from C$5 million to C$7.5 million. The funds will be used for the exploration and advancement of the J...
Private Placements and Financing
NioBay Metals Launches C$5 Million Fundraising Initiative
Neutral
Dec 1, 2025
NioBay Metals Inc. has announced a brokered life offering and concurrent private placement to raise up to C$5 million. The proceeds will be used for the exploration and advancement of the James Bay Niobium Project and for general corporate purpose...
Business Operations and StrategyPrivate Placements and Financing
NioBay Metals Launches C$5 Million Fundraising for Niobium Project Expansion
Positive
Dec 1, 2025
NioBay Metals Inc. has announced a brokered life offering and concurrent private placement to raise up to C$5 million. The proceeds will be used for the exploration and advancement of the James Bay Niobium Project and for general corporate purpose...
Business Operations and Strategy
NioBay Metals Reports Successful 2025 Drill Campaign at Crevier Project
Positive
Nov 18, 2025
NioBay Metals Inc. announced the successful completion of its 2025 summer drill campaign at the Crevier Project, revealing additional mineralized intersections. The campaign confirmed mineralization over a 6 km strike length and included the compl...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.