NioCorp Developments (NASDAQ:NB - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of ($0.04) per share for the quarter.
NioCorp Developments (NASDAQ:NB - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The company reported ($0.01) EPS for the quarter, topping analysts' consensus estimates of ($0.03) by $0.02. On average, analysts expect NioCorp Developments to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
NioCorp Developments Price Performance
Shares of NASDAQ:NB traded down $0.05 during midday trading on Friday, reaching $2.31. The company's stock had a trading volume of 783,358 shares, compared to its average volume of 351,842. The business's fifty day simple moving average is $2.21 and its 200-day simple moving average is $1.90. NioCorp Developments has a fifty-two week low of $1.27 and a fifty-two week high of $4.15. The company has a market capitalization of $124.43 million, a P/E ratio of -3.00 and a beta of -0.37.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on NB. Maxim Group started coverage on shares of NioCorp Developments in a research note on Wednesday, January 8th. They issued a "buy" rating and a $4.00 target price for the company. HC Wainwright boosted their price objective on shares of NioCorp Developments from $3.25 to $4.25 and gave the stock a "buy" rating in a research report on Tuesday.
Read Our Latest Research Report on NioCorp Developments
NioCorp Developments Company Profile
(
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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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