NioCorp Developments (NB) Competitors

C$3.43
+0.37 (+12.09%)
(As of 05/3/2024)

NB vs. S, WM, NEXT, ERD, LGO, GEO, ARA, TMQ, SLR, and AII

Should you be buying NioCorp Developments stock or one of its competitors? The main competitors of NioCorp Developments include Sherritt International (S), Wallbridge Mining (WM), NextSource Materials (NEXT), Erdene Resource Development (ERD), Largo (LGO), Geodrill (GEO), Aclara Resources (ARA), Trilogy Metals (TMQ), Solitario Resources (SLR), and Almonty Industries (AII). These companies are all part of the "other industrial metals & mining" industry.

NioCorp Developments vs.

NioCorp Developments (TSE:NB) and Sherritt International (TSE:S) are both small-cap basic materials companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, media sentiment, earnings, analyst recommendations, dividends, valuation, institutional ownership, profitability and risk.

Sherritt International has a consensus price target of C$0.53, suggesting a potential upside of 61.54%. Given Sherritt International's higher probable upside, analysts plainly believe Sherritt International is more favorable than NioCorp Developments.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NioCorp Developments
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Sherritt International
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Sherritt International had 6 more articles in the media than NioCorp Developments. MarketBeat recorded 6 mentions for Sherritt International and 0 mentions for NioCorp Developments. Sherritt International's average media sentiment score of 1.06 beat NioCorp Developments' score of -0.72 indicating that Sherritt International is being referred to more favorably in the news media.

Company Overall Sentiment
NioCorp Developments Negative
Sherritt International Positive

Sherritt International received 276 more outperform votes than NioCorp Developments when rated by MarketBeat users. However, 74.10% of users gave NioCorp Developments an outperform vote while only 62.54% of users gave Sherritt International an outperform vote.

CompanyUnderperformOutperform
NioCorp DevelopmentsOutperform Votes
123
74.10%
Underperform Votes
43
25.90%
Sherritt InternationalOutperform Votes
399
62.54%
Underperform Votes
239
37.46%

NioCorp Developments has a beta of 0.13, indicating that its share price is 87% less volatile than the S&P 500. Comparatively, Sherritt International has a beta of 1.63, indicating that its share price is 63% more volatile than the S&P 500.

5.0% of NioCorp Developments shares are held by institutional investors. Comparatively, 11.5% of Sherritt International shares are held by institutional investors. 7.2% of NioCorp Developments shares are held by company insiders. Comparatively, 0.2% of Sherritt International shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

NioCorp Developments has higher earnings, but lower revenue than Sherritt International. Sherritt International is trading at a lower price-to-earnings ratio than NioCorp Developments, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NioCorp DevelopmentsN/AN/A-C$37.92M-C$1.76-1.95
Sherritt InternationalC$223.30M0.58-C$64.30M-C$0.16-2.03

NioCorp Developments has a net margin of 0.00% compared to Sherritt International's net margin of -28.93%. Sherritt International's return on equity of -9.83% beat NioCorp Developments' return on equity.

Company Net Margins Return on Equity Return on Assets
NioCorp DevelopmentsN/A -772.20% -122.96%
Sherritt International -28.93%-9.83%-2.78%

Summary

Sherritt International beats NioCorp Developments on 10 of the 15 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NB vs. The Competition

MetricNioCorp DevelopmentsOther Industrial Metals & Mining IndustryMaterials SectorTSE Exchange
Market CapC$124.34MC$997.27MC$2.82BC$4.46B
Dividend Yield11.98%6.45%5.18%6.56%
P/E Ratio-1.95160.38134.0323.45
Price / SalesN/A64,136.64845,978.541,428.61
Price / Cash101.8224.7023.2672.38
Price / Book-19.062.513.833.88
Net Income-C$37.92MC$71.53MC$163.69MC$271.75M
7 Day PerformanceN/A1.81%1.00%0.11%
1 Month Performance-19.67%3.09%0.96%0.74%
1 Year Performance-53.71%-1.14%193.02%23.65%

NioCorp Developments Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
S
Sherritt International
2.3731 of 5 stars
C$0.34
+3.1%
C$0.53
+56.7%
-39.1%C$133.09MC$223.30M-2.09850Analyst Revision
Positive News
WM
Wallbridge Mining
0 of 5 stars
C$0.11
flat
N/A-29.0%C$112.20MN/A-11.0063Gap Up
NEXT
NextSource Materials
2.0599 of 5 stars
C$0.70
+12.9%
C$2.50
+257.1%
-65.6%C$109.05MN/A-14.0052
ERD
Erdene Resource Development
0 of 5 stars
C$0.41
-2.4%
N/A+24.2%C$141.27MN/A-41.0072Positive News
LGO
Largo
0 of 5 stars
C$2.25
-4.3%
N/A-62.6%C$144.11MC$198.68M-3.46533Gap Up
GEO
Geodrill
1.5698 of 5 stars
C$2.05
-1.0%
C$2.25
+9.8%
-34.5%C$96.19MC$130.54M18.6420,000News Coverage
ARA
Aclara Resources
0 of 5 stars
C$0.55
+1.9%
N/A+17.4%C$89.82MN/A-5.5071Gap Up
TMQ
Trilogy Metals
0.4421 of 5 stars
C$0.56
-1.8%
C$0.92
+63.7%
-25.7%C$89.46MN/A-4.005
SLR
Solitario Resources
0 of 5 stars
C$1.10
-2.7%
N/A+24.7%C$89.42MC$-408,000.00-15.716Upcoming Earnings
Gap Down
AII
Almonty Industries
0 of 5 stars
C$0.64
flat
N/A+8.3%C$165.22MC$22.51M-16.00403Gap Down

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This page (TSE:NB) was last updated on 5/13/2024 by MarketBeat.com Staff

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