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Niocorp Developments Ltd. (NB)
:NB
NB Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.27 - $4.00
Previous CloseN/A
Volume32.67K
Average Volume (3M)328.49K
Market Cap
$104.40M
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta-0.60
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. Volume305,826
30 Day Avg. Volume328,492
Standard Deviation0.20
R-Squared0.02
Alpha-0.01
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)-17.50
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 Upside62.78% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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NioCorp Developments News
PremiumCompany Announcements
NioCorp Clears Long-Term Debt, Focuses on Elk Creek Project
PremiumCompany Announcements
NioCorp Highlights China’s Tightening Grip on Critical MineralsPremiumCompany Announcements
NioCorp’s Elk Creek Project Advances in EXIM Financing Process
PremiumCompany Announcements
NioCorp Developments Raises $4.28M in Offering---
Bulls Say, Bears Say
Bulls Say
Financial ManagementNioCorp reported a lower quarterly cash burn than expected, which is a positive indicator of financial management.
Financing SupportNioCorp received a preliminary, non-binding term sheet for an $800M loan from the Export-Import Bank of the United States, which could enable further financing for the Elk Creek project.
Market DemandNioCorp 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.
Bears Say
EBITDA LossHigher employee costs and exploration expenses led to a wider EBITDA loss than forecasted.
Price Target ReductionReduction 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
2.14% Mutual Funds
1.42% Other Institutional Investors
85.22% 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 Ltd.’s price range in the past 12 months?
Niocorp Developments Ltd. lowest stock price was $1.27 and its highest was $4.00 in the past 12 months.
What is Niocorp Developments Ltd.’s market cap?
Niocorp Developments Ltd.’s market cap is $104.40M.
When is Niocorp Developments Ltd.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Niocorp Developments Ltd.’s earnings last quarter?
Niocorp Developments Ltd. 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 Ltd. overvalued?
According to Wall Street analysts Niocorp Developments Ltd.’s price is currently Undervalued.
Does Niocorp Developments Ltd. pay dividends?
Niocorp Developments Ltd. does not currently pay dividends.
What is Niocorp Developments Ltd.’s EPS estimate?
Niocorp Developments Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Niocorp Developments Ltd. have?
Niocorp Developments Ltd. has 46,818,120 shares outstanding.
What happened to Niocorp Developments Ltd.’s price movement after its last earnings report?
Niocorp Developments Ltd. 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 Ltd.?
Currently, no hedge funds are holding shares in NB
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NioCorp Developments Stock Smart Score
Underperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$3.63 (62.78% Upside)
$3.63 (62.78% Upside)
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-9.71%
12-Months-Change
Fundamentals
Return on Equity
-1725.59%
Trailing 12-Months
Asset Growth
-2.12%
Trailing 12-Months
Company Description
Niocorp Developments Ltd.
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
▲(62.78% Upside)
Technical Analysis
Trilogy Metals
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Novagold Resources New
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Piedmont Lithium
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MP Materials
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Lithium Americas Corp.
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Best Analysts Covering NB
1 Year
1 Year Success Rate
3/9 ratings generated profit
1 Year Average Return
-22.37%
reiterated a buy rating last month
Copying Heiko Ihle's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -22.37% per trade.
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