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NioCorp Developments (NB) Stock Price, News & Analysis

$1.71
-0.07 (-3.93%)
(As of 10/17/2024 ET)

About NioCorp Developments Stock (NASDAQ:NB)

Key Stats

Today's Range
$1.68
$1.85
50-Day Range
$1.65
$2.25
52-Week Range
$1.62
$5.20
Volume
109,518 shs
Average Volume
104,216 shs
Market Capitalization
$63.42 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.50
Consensus Rating
Buy

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.

NioCorp Developments Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
59th Percentile Overall Score

NB MarketRank™: 

NioCorp Developments scored higher than 59% of companies evaluated by MarketBeat, and ranked 103rd out of 195 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    NioCorp Developments has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    NioCorp Developments has only been the subject of 1 research reports in the past 90 days.

  • Read more about NioCorp Developments' stock forecast and price target.
  • Earnings Growth

    Earnings for NioCorp Developments are expected to grow in the coming year, from ($0.25) to ($0.08) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of NioCorp Developments is -1.92, 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 -1.92, 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 57.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about NioCorp Developments' valuation and earnings.
  • Percentage of Shares Shorted

    1.44% 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 6.2.
  • Change versus previous month

    Short interest in NioCorp Developments has recently decreased by 17.70%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    NioCorp Developments does not currently pay a dividend.

  • Dividend Growth

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

  • Percentage of Shares Shorted

    1.44% 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 6.2.
  • Change versus previous month

    Short interest in NioCorp Developments has recently decreased by 17.70%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    NioCorp Developments has a news sentiment score of 1.89. 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 0.35 average news sentiment score of Basic Materials companies.
  • Search Interest

    Only 4 people have searched for NB on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added NioCorp Developments to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • 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

    18.71% 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.

  • Read more about NioCorp Developments' insider trading history.
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NB Stock News Headlines

Summit expands niobium footprint in Brazil
War on Elon Escalates…
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
NioCorp secures $2 million credit facility from CEO
NioCorp Developments Announces Closing of Financing Agreement
See More Headlines

NB Stock Analysis - Frequently Asked Questions

NioCorp Developments' stock was trading at $3.19 at the beginning of 2024. Since then, NB shares have decreased by 46.4% and is now trading at $1.71.
View the best growth stocks for 2024 here
.

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.
Compare Top Brokerages Here.

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

Today
10/17/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Fax
N/A
Employees
7
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.50
High Stock Price Target
$8.50
Low Stock Price Target
$8.50
Potential Upside/Downside
+397.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-11,440,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$0.03 per share

Miscellaneous

Free Float
31,427,000
Market Cap
$63.42 million
Optionable
Not Optionable
Beta
-0.31
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This page (NASDAQ:NB) was last updated on 10/17/2024 by MarketBeat.com Staff
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