NioCorp Developments (NASDAQ:NB - Get Free Report) issued its earnings results on Friday. The company reported ($0.16) earnings per share for the quarter, Zacks reports. NioCorp Developments updated its FY 2025 guidance to -0.350--0.350 EPS.
NioCorp Developments Stock Performance
NB stock traded up $0.69 during trading on Monday, reaching $3.77. 3,025,140 shares of the company were exchanged, compared to its average volume of 516,981. The company has a market cap of $210.03 million, a P/E ratio of -11.09 and a beta of -0.37. The stock's 50 day moving average price is $2.52 and its 200 day moving average price is $2.25. NioCorp Developments has a 52-week low of $1.27 and a 52-week high of $4.15.
Analyst Ratings Changes
NB has been the topic of a number of research analyst reports. HC Wainwright decreased their price objective on shares of NioCorp Developments from $4.25 to $4.00 and set a "buy" rating on the stock in a report on Thursday, July 3rd. Maxim Group boosted their price objective on shares of NioCorp Developments from $4.00 to $5.00 and gave the stock a "buy" rating in a report on Friday.
Read Our Latest Stock Report on NioCorp Developments
About NioCorp Developments
(
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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.
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