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Niobay Metals Inc (TSE:NBY)
:NBY
Canadian Market
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Niobay Metals (NBY) AI Stock Analysis

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TSE:NBY

Niobay Metals

(NBY)

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Neutral 42 (OpenAI - Gpt-5.6Sol)
Rating:42Neutral
Price Target:
C$0.08
▲(2.50% Upside)
Action:Reiterated
Date:08/27/26
The score is primarily constrained by weak financial performance: no revenue, ongoing losses, and sustained cash burn that can pressure future financing, despite the benefit of no reported debt. Technicals add modest downside bias with the price below major moving averages and a negative MACD. Valuation is not supportive due to the negative P/E and no dividend yield data.
Positive Factors
No Reported Debt
The absence of reported debt limits leverage-related pressure and avoids the interest burden associated with borrowing. That gives Niobay greater financial flexibility while it advances exploration assets, although future funding requirements remain important because the company is not yet generating operating cash flow.
Negative Factors
No Operating Revenue
Without an operating revenue base, Niobay cannot currently fund its activities through commercial production or product sales. Its financial progress therefore depends on exploration success and access to external capital, making the business model less predictable over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
No Reported Debt
The absence of reported debt limits leverage-related pressure and avoids the interest burden associated with borrowing. That gives Niobay greater financial flexibility while it advances exploration assets, although future funding requirements remain important because the company is not yet generating operating cash flow.
Read all positive factors

Niobay Metals (NBY) vs. iShares MSCI Canada ETF (EWC)

Niobay Metals Business Overview & Revenue Model

Company Description
Niobay Metals Inc. functions as a mineral resource enterprise, primarily engaged in securing, investigating, evaluating, and advancing mining ventures throughout Canada. The company specifically targets deposits containing niobium and tantalum. It...
How the Company Makes Money
Niobay Metals does not have publicly available information indicating recurring revenue from commercial mineral production, product sales, or operating mine cash flow; therefore, a detailed operating revenue model cannot be stated. Typical monetiz...

Niobay Metals Financial Statement Overview

Summary
Income statement is very weak with no revenue and continued losses (TTM net loss ~-3.9M; EBIT ~-4.7M). Balance sheet strength comes mainly from having no reported debt, but equity is declining (about 10.3M to 8.0M) and ROE is deeply negative (~-51%). Cash flow is a key concern with persistent negative operating cash flow (TTM ~-4.3M) and negative free cash flow, implying ongoing funding needs.
Income Statement
8
Very Negative
Balance Sheet
44
Neutral
Cash Flow
10
Very Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit-71.96K-78.46K-95.06K-115.83K-122.45K-18.19K
EBITDA-4.07M-2.90M-2.34M-2.48M-4.76M-4.45M
Net Income-3.91M-2.98M-2.40M-2.10M-4.46M-3.97M
Balance Sheet
Total Assets8.65M11.14M3.55M4.06M6.17M11.13M
Cash, Cash Equivalents and Short-Term Investments7.64M9.91M2.68M3.09M4.53M10.18M
Total Debt0.000.000.000.000.000.00
Total Liabilities1.60M1.68M382.57K154.49K782.90K1.11M
Stockholders Equity7.95M10.25M3.92M4.61M5.87M10.10M
Cash Flow
Free Cash Flow-4.31M-3.85M-2.26M-2.24M-6.68M-4.00M
Operating Cash Flow-4.31M-3.85M-2.22M-2.21M-6.17M-3.83M
Investing Cash Flow0.00-2.50M-40.00K-25.00K449.80K569.78K
Financing Cash Flow10.60M11.08M1.85M798.92K73.25K271.91K

Niobay Metals Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.08
Price Trends
50DMA
0.08
Negative
100DMA
0.09
Negative
200DMA
0.11
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
49.44
Neutral
STOCH
50.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NBY, the sentiment is Positive. The current price of 0.08 is above the 20-day moving average (MA) of 0.08, below the 50-day MA of 0.08, and below the 200-day MA of 0.11, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 49.44 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NBY.

Niobay Metals Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
C$8.34M0.29234.70%
45
Neutral
C$13.29M-4.07-306.36%-442.00%
43
Neutral
C$11.47M-11.18-3.98%27.33%
42
Neutral
C$15.98M-3.68-50.89%10.42%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:NBY
Niobay Metals
0.09
<0.01
6.25%
TSE:ELEF
Silver Elephant Mining
0.14
-0.02
-15.15%
TSE:SMY
Search Minerals
0.24
0.02
8.18%
TSE:WLF
Wolfden Resources
0.07
-0.09
-57.50%
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.Date of analysis: Aug 27, 2026