NioCorp Developments (NASDAQ:NB - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of -0.350--0.350 for the period, compared to the consensus earnings per share estimate of -0.24. The company issued revenue guidance of -.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the company. Maxim Group increased their target price on NioCorp Developments from $4.00 to $5.00 and gave the stock a "buy" rating in a report on Friday. HC Wainwright decreased their price target on NioCorp Developments from $4.25 to $4.00 and set a "buy" rating for the company in a research note on Thursday, July 3rd.
View Our Latest Report on NB
NioCorp Developments Stock Up 22.4%
Shares of NB stock traded up $0.69 on Monday, reaching $3.77. The stock had a trading volume of 3,025,140 shares, compared to its average volume of 516,981. The firm has a market capitalization of $210.03 million, a price-to-earnings ratio of -11.09 and a beta of -0.37. NioCorp Developments has a 12 month low of $1.27 and a 12 month high of $4.15. The firm's 50-day moving average is $2.52 and its two-hundred day moving average is $2.25.
NioCorp Developments (NASDAQ:NB - Get Free Report) last issued its quarterly earnings results on Friday, July 11th. The company reported ($0.16) EPS for the quarter. On average, sell-side analysts forecast that NioCorp Developments will post -0.34 earnings per share for the current fiscal year.
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.
Further Reading
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