NioCorp Developments (NASDAQ:NB - Get Free Report) issued its quarterly earnings results on Friday. The company reported ($0.16) earnings per share (EPS) for the quarter, Zacks reports. NioCorp Developments updated its FY 2025 guidance to -0.350--0.350 EPS.
NioCorp Developments Price Performance
Shares of NASDAQ:NB traded up $0.02 during trading on Friday, reaching $3.08. The stock had a trading volume of 2,849,691 shares, compared to its average volume of 505,078. NioCorp Developments has a 52 week low of $1.27 and a 52 week high of $4.15. The business's 50-day moving average price is $2.52 and its 200 day moving average price is $2.24. The stock has a market capitalization of $171.59 million, a PE ratio of -3.95 and a beta of -0.37.
Analysts Set New Price Targets
Several research firms recently weighed in on NB. HC Wainwright cut their price target on shares of NioCorp Developments from $4.25 to $4.00 and set a "buy" rating for the company in a research note on Thursday, July 3rd. Maxim Group raised their price target on shares of NioCorp Developments from $4.00 to $5.00 and gave the stock a "buy" rating in a research note on Friday.
Get Our Latest Research Report on NioCorp Developments
About NioCorp Developments
(
Get Free Report)
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.
Read More
Before you consider NioCorp Developments, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NioCorp Developments wasn't on the list.
While NioCorp Developments currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
