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NioCorp Developments (NB)
NASDAQ:NB
NB Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.27 - $4.00
Previous CloseN/A
Volume32.67K
Average Volume (3M)289.87K
Market Cap
$90.83M
Enterprise ValueN/A
Total Cash (Recent Filing)$7.14M
Total Debt (Recent Filing)$13.80M
Price to Earnings (P/E)―
Beta-0.44
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.19
Shares Outstanding46,818,120
10 Day Avg. Volume262,517
30 Day Avg. Volume289,868
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-13.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$3.63Price Target Upside87.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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NioCorp Developments News
PremiumCompany Announcements
NioCorp Supports U.S. Push for Domestic Critical Minerals Production
PremiumCompany Announcements
NioCorp Elects Directors and Secures Shareholder Support at AGM
PremiumCompany Announcements
Trump’s Push for U.S. Critical Minerals Production Boosts NioCorp’s Prospects
PremiumCompany Announcements
NioCorp Clears Long-Term Debt, Focuses on Elk Creek Project
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Bulls Say, Bears Say
Bulls Say
Demand And AgreementsNioCorp has agreements for 75% of its planned niobium and up to 12 tonnes per year of scandium for the first 10 years of production, indicating strong demand for its products.
Financial ManagementNioCorp reported a lower quarterly cash burn than expected, which is a positive indicator of financial management.
Supply ChainNioCorp's Elk Creek project in Nebraska is expected to create a new U.S. supply chain for multiple critical minerals, which are currently mostly produced outside the U.S.
Bears Say
Cost ManagementHigher employee costs and exploration expenses led to a wider EBITDA loss than forecasted.
Price Target AdjustmentThe reduction in NB's price target reflects an increase in the discount rate assigned to the project, highlighting adjustments to the development timeline and the impact of dilution from the recent private placement.
Revenue ForecastThe company is pre-revenue, with initial revenue not forecasted until several years into the future.
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Ownership Overview
9.10% Insiders
2.06% Mutual Funds
1.42% Other Institutional Investors
85.30% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
NB FAQ
What was NioCorp Developments’s price range in the past 12 months?
NioCorp Developments lowest stock price was $1.27 and its highest was $4.00 in the past 12 months.
What is NioCorp Developments’s market cap?
NioCorp Developments’s market cap is $90.83M.
When is NioCorp Developments’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were NioCorp Developments’s earnings last quarter?
NioCorp Developments released its earnings results on May 30, 2023. The company reported -$1 earnings per share for the quarter, missing the consensus estimate of N/A by -$1.
Is NioCorp Developments overvalued?
According to Wall Street analysts NioCorp Developments’s price is currently Undervalued.
Does NioCorp Developments pay dividends?
NioCorp Developments does not currently pay dividends.
What is NioCorp Developments’s EPS estimate?
NioCorp Developments’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does NioCorp Developments have?
NioCorp Developments has 46,818,120 shares outstanding.
What happened to NioCorp Developments’s price movement after its last earnings report?
NioCorp Developments reported an EPS of -$1 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -2.965%.
Which hedge fund is a major shareholder of NioCorp Developments?
Currently, no hedge funds are holding shares in NB
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NioCorp Developments Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.63 (87.11% Upside)
$3.63 (87.11% Upside)
Crowd Wisdom
Very Positive
Last 7 Days ▲ 10.8%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-19.83%
12-Months-Change
Fundamentals
Return on Equity
-1725.59%
Trailing 12-Months
Asset Growth
-2.12%
Trailing 12-Months
Company Description
NioCorp Developments
NioCorp Developments Ltd. engages in the evaluation, acquisition, exploration, and development of mineral deposits. It focuses on a superalloy materials project in Southeast Nebraska for the production of niobium, scandium, and titanium. The company was founded on February 27, 1987 and is headquartered in Centennial, CO.
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NB Stock 12 Month Forecast
Average Price Target
$3.63
▲(87.11% Upside)
Technical Analysis
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Lithium Americas Corp.
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Best Analysts Covering NB
1 Year
1 Year Success Rate
2/8 ratings generated profit
1 Year Average Return
-29.23%
reiterated a buy rating 2 months ago
Copying Heiko Ihle's trades and holding each position for 1 Year would result in 25.00% of your transactions generating a profit, with an average return of -29.23% per trade.
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