What is HC Wainwright's Estimate for NB FY2026 Earnings?

NioCorp Developments Ltd. (NASDAQ:NB - Free Report) - Equities researchers at HC Wainwright issued their FY2026 earnings per share (EPS) estimates for shares of NioCorp Developments in a research report issued to clients and investors on Monday, January 13th. HC Wainwright analyst H. Ihle forecasts that the company will post earnings per share of ($0.37) for the year. HC Wainwright currently has a "Buy" rating and a $3.25 target price on the stock. The consensus estimate for NioCorp Developments' current full-year earnings is ($0.40) per share.

Separately, Maxim Group began coverage on NioCorp Developments in a report on Wednesday, January 8th. They set a "buy" rating and a $4.00 price target for the company.

NioCorp Developments Stock Down 2.6 %

NB stock traded down $0.04 during midday trading on Tuesday, hitting $1.52. 144,941 shares of the company traded hands, compared to its average volume of 130,291. The business has a 50 day simple moving average of $1.46 and a 200-day simple moving average of $1.70. NioCorp Developments has a twelve month low of $1.27 and a twelve month high of $4.00. The stock has a market capitalization of $64.62 million, a price-to-earnings ratio of -1.79 and a beta of -0.46.

Institutional Trading of NioCorp Developments

A hedge fund recently raised its stake in NioCorp Developments stock. XTX Topco Ltd lifted its stake in NioCorp Developments Ltd. (NASDAQ:NB - Free Report) by 109.5% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 28,638 shares of the company's stock after purchasing an additional 14,966 shares during the period. XTX Topco Ltd owned 0.08% of NioCorp Developments worth $50,000 at the end of the most recent quarter. 4.03% of the stock is owned by hedge funds and other institutional investors.

NioCorp Developments Company Profile

NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska.