Niobay Metals Inc (TSE:NBY)
:NBY
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Niobay Metals
(NBY)
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Rating:42Neutral
Price Target:
C$0.07
▼(-60.00% Downside)
Action:ReiteratedDate:04/21/26
The score is primarily pressured by very weak financial performance (no revenue, ongoing losses, and sustained cash burn), despite the stabilizing benefit of having no debt. Technicals add further caution with the stock trading below major moving averages and a negative MACD. Valuation is also constrained by negative earnings (negative P/E) and no provided dividend yield.
Positive Factors
Debt-free balance sheet
Consistent absence of debt reduces refinancing and interest burdens, preserving financial flexibility for an exploration developer. Over the coming months this lowers solvency risk, supports partnership or JV negotiations, and improves ability to time financings without immediate leverage pressure.
Negative Factors
No revenue history
Zero revenue for multiple consecutive years means the company generates no operating cash inflows and cannot self-fund development. This structural revenue absence forces reliance on external capital, heightening dilution and execution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Consistent absence of debt reduces refinancing and interest burdens, preserving financial flexibility for an exploration developer. Over the coming months this lowers solvency risk, supports partnership or JV negotiations, and improves ability to time financings without immediate leverage pressure.
Read all positive factors
Niobay Metals (NBY) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$14.99M
Dividend YieldN/A
Average Volume (3M)430.33K
Price to Earnings (P/E)―
Beta (1Y)0.46
Revenue GrowthN/A
EPS Growth7.66%
CountryCA
Employees3
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.03
Shares Outstanding187,313,490
10 Day Avg. Volume923,287
30 Day Avg. Volume430,333
Financial Highlights & Ratios
PEG Ratio0.22
Price to Book (P/B)1.47
Price to Sales (P/S)0.00
P/FCF Ratio-3.91
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
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Niobay Metals Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
46
Neutral
Cash Flow
20
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -78.46K | -95.06K | -115.83K | -122.45K | -18.19K |
| EBITDA | -2.90M | -2.34M | -2.48M | -4.76M | -4.45M |
| Net Income | -2.98M | -2.40M | -2.10M | -4.46M | -3.97M |
Balance Sheet | |||||
| Total Assets | 11.14M | 3.55M | 4.06M | 6.17M | 11.13M |
| Cash, Cash Equivalents and Short-Term Investments | 9.91M | 2.68M | 3.09M | 4.53M | 10.18M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 1.68M | 382.57K | 154.49K | 782.90K | 1.11M |
| Stockholders Equity | 10.25M | 3.92M | 4.61M | 5.87M | 10.10M |
Cash Flow | |||||
| Free Cash Flow | -3.85M | -2.26M | -2.24M | -6.68M | -4.00M |
| Operating Cash Flow | -3.85M | -2.22M | -2.21M | -6.17M | -3.83M |
| Investing Cash Flow | -2.50M | -40.00K | -25.00K | 449.80K | 569.78K |
| Financing Cash Flow | 11.08M | 1.85M | 798.92K | 73.25K | 271.91K |
Niobay Metals Technical Analysis
Neutral
0.18
Price Trends
0.11
Negative
0.13
Negative
0.12
Negative
Market Momentum
>-0.01
Negative
47.74
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 Neutral. 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 neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.74 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 Neutral 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$26.40M | -28.24 | -19.47% | ― | ― | 75.12% | |
44 Neutral | C$10.11M | 0.16 | -179.75% | ― | ― | ― | |
42 Neutral | C$14.99M | -5.04 | -92.87% | ― | ― | 7.66% | |
42 Neutral | C$13.29M | -17.07 | -34.77% | ― | ― | 31.15% | |
41 Neutral | C$14.05M | -24.26 | -6.20% | ― | ― | -15.68% |
* Basic Materials Sector Average
TSE:NBY
Niobay Metals
0.08
0.02
25.00%
TSE:ELEF
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TSE:SMY
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TSE:WLF
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Niobay Metals Corporate Events
Business Operations and StrategyRegulatory Filings and Compliance
NioBay Hits Key Metallurgical Milestone at Crevier Niobium‑Tantalum Project
Positive
Apr 8, 2026
NioBay Metals has completed metallurgical and hydrometallurgical test work on a 10‑tonne bulk sample from its Crevier niobium‑tantalum project in Québec, reporting niobium recoveries of about 70% at targeted concentrate grades and...
Business Operations and StrategyRegulatory Filings and Compliance
NioBay’s Crevier Tests Exceed Expectations, Paving Way for Niobium Oxide Focus
Positive
Apr 8, 2026
NioBay Metals has completed metallurgical and hydrometallurgical test work on a 10‑tonne bulk sample from its Crevier niobium and tantalum project in Quebec, reporting 70% recovery of niobium pentoxide at targeted grades and high extraction ...
Business Operations and Strategy
NioBay Upgrades Crevier Resource With First Measured Niobium Estimate
Positive
Feb 25, 2026
NioBay Metals has released a new mineral resource estimate for its 72.5%-owned Crevier niobium and tantalum project in Québec, incorporating additional drilling from 2022 to 2025 and recent metallurgical test work. The 2026 model, prepared un...
Business Operations and StrategyRegulatory Filings and Compliance
NioBay Reaffirms Indigenous Partnership Commitments at James Bay Niobium Project
Positive
Feb 20, 2026
NioBay Metals issued an update on its wholly owned James Bay niobium project after becoming aware of a letter from the Chief of the Moose Cree First Nation, reaffirming that all exploration will be conducted in accordance with Indigenous rights an...
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.