NioCorp Developments (NB) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Quantum Rare Earth Developments Corp. and changed its name to NioCorp Developments Ltd. in March 2013. NioCorp Developments Ltd. was incorporated in 1987 and is headquartered in Centennial, Colorado.

Key Stats

• Today's Range: $2.07 to $2.37
• 50-Day Range: $1.37 to $2.62
• 52-Week Range: $1.27 to $4.00
• Volume: 262,982 shs
• Average Volume: 395,071 shs
• Market Capitalization: $104.41 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.63
• Consensus Rating: Buy

NioCorp Developments Stock Analysis - MarketRank™

NioCorp Developments scored higher than 44% of companies evaluated by MarketBeat, and ranked 140th out of 188 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

NioCorp Developments has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

NioCorp Developments has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for NioCorp Developments are expected to decrease in the coming year, from ($0.34) to ($0.37) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NioCorp Developments is -2.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of NioCorp Developments is -2.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

NioCorp Developments has a P/B Ratio of 14.87. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.89% of the float of NioCorp Developments has been sold short.

Short Interest Ratio / Days to Cover

NioCorp Developments has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NioCorp Developments has recently increased by 105.95%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NioCorp Developments does not currently pay a dividend.

Dividend Growth

NioCorp Developments does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.89% of the float of NioCorp Developments has been sold short.

Short Interest Ratio / Days to Cover

NioCorp Developments has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in NioCorp Developments has recently increased by 105.95%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

NioCorp Developments has a news sentiment score of 1.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

MarketBeat Follows

Only 4 people have added NioCorp Developments to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NioCorp Developments insiders have not sold or bought any company stock.

Percentage Held by Insiders

19.10% of the stock of NioCorp Developments is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 4.03% of the stock of NioCorp Developments is held by institutions.

NB Stock Analysis - Frequently Asked Questions

How have NB shares performed this year?

NioCorp Developments' stock was trading at $1.55 at the start of the year. Since then, NB stock has increased by 43.9% and is now trading at $2.23.
View the best growth stocks for 2025 here.

How were NioCorp Developments' earnings last quarter?

NioCorp Developments Ltd. (NASDAQ:NB) issued its quarterly earnings data on Tuesday, February, 11th. The company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.02.

Who are NioCorp Developments' major shareholders?

NioCorp Developments' top institutional shareholders include Northern Trust Corp (1.36%), Jane Street Group LLC (0.50%), Virtu Financial LLC (0.07%) and Citadel Advisors LLC.

How do I buy shares of NioCorp Developments?

Shares of NB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of NioCorp Developments own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NioCorp Developments investors own include NioCorp Developments (NIOBF), Lightwave Logic (LWLG), Taiwan Semiconductor Manufacturing (TSM), Adverum Biotechnologies (ADVM), APi Group (APG), Antero Resources (AR) and Avino Silver & Gold Mines (ASM).

Company Calendar

• Last Earnings: 2/11/2025
• Today: 2/22/2025
• Next Earnings (Estimated): 5/01/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Basic Materials
• Industry: Metal mining
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NASDAQ:NB
• CUSIP: N/A
• CIK: 1512228
• Web: gx-acq.com
• Phone: (720) 334-7066
• Fax: N/A
• Employees: 8
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.63
• High Stock Price Target: $4.00
• Low Stock Price Target: $3.25
• Potential Upside/Downside: +62.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.77)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-11,440,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -1,273.17%
• Return on Assets: -140.97%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.19
• Quick Ratio: 0.19

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.15 per share
• Price / Book: 14.87

Miscellaneous

• Outstanding Shares: 46,820,000
• Free Float: 37,876,000
• Market Cap: $104.41 million
• Optionable: Not Optionable
• Beta: -0.36