Should I buy or sell NioCorp Developments stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NioCorp Developments in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NB shares. View NB analyst ratings or view top-rated stocks .

What is NioCorp Developments' stock price target for 2024?

1 Wall Street analysts have issued 12-month target prices for NioCorp Developments' stock. Their NB share price targets range from $12.00 to $12.00. On average, they predict the company's share price to reach $12.00 in the next year. This suggests a possible upside of 269.2% from the stock's current price. View analysts price targets for NB or view top-rated stocks among Wall Street analysts .

How have NB shares performed in 2023?

NioCorp Developments' stock was trading at $6.95 at the beginning of the year. Since then, NB shares have decreased by 53.2% and is now trading at $3.25. View the best growth stocks for 2023 here .

Are investors shorting NioCorp Developments?

NioCorp Developments saw a increase in short interest in November. As of November 15th, there was short interest totaling 609,500 shares, an increase of 17.1% from the October 31st total of 520,700 shares. Based on an average daily trading volume, of 138,200 shares, the short-interest ratio is currently 4.4 days. Currently, 2.0% of the shares of the stock are sold short. View NioCorp Developments' Short Interest .

How were NioCorp Developments' earnings last quarter?

NioCorp Developments Ltd. (NASDAQ:NB) issued its quarterly earnings data on Monday, November, 13th. The company reported ($0.09) earnings per share (EPS) for the quarter.

Who are NioCorp Developments' major shareholders?

NioCorp Developments' stock is owned by many different retail and institutional investors. Top institutional shareholders include Barclays PLC (0.09%), Hsbc Holdings PLC (0.06%), Creative Planning (0.05%), EP Wealth Advisors LLC (0.05%), Tower Research Capital LLC TRC (0.04%) and Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of NioCorp Developments?

Shares of NB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

NioCorp Developments (NB) Stock Price, News & Analysis

$3.14

-0.11 (-3.38%)

(As of 10:30 AM ET)

Compare

Today's Range: $3.12
▼
$3.28
50-Day Range: $3.05
▼
$5.14
52-Week Range: $2.97
▼
$7.83

Volume: 37,126 shs
Average Volume: 109,231 shs
Market Capitalization: $104.06 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.00

NioCorp Developments MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 269.2% Upside
$12.00 Price Target
Short Interest: Bearish
1.99% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.68 out of 5 stars

Basic Materials Sector

146th out of 171 stocks

Metal Mining Industry

14th out of 15 stocks

3.5

Analyst's Opinion

Consensus Rating
NioCorp Developments has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.00, NioCorp Developments has a forecasted upside of 269.2% from its current price of $3.25.
Amount of Analyst Coverage
NioCorp Developments has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
1.99% of the float of NioCorp Developments has been sold short.
Short Interest Ratio / Days to Cover
NioCorp Developments has a short interest ratio ("days to cover") of 4.4.
Change versus previous month
Short interest in NioCorp Developments has recently increased by 17.05%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
NioCorp Developments does not currently pay a dividend.
Dividend Growth
NioCorp Developments does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NB.

1.8

News and Social Media Coverage

News Sentiment
NioCorp Developments has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for NioCorp Developments this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 1 people have added NioCorp Developments to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NioCorp Developments insiders have not sold or bought any company stock.
Percentage Held by Insiders
20.00% of the stock of NioCorp Developments is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 2.67% of the stock of NioCorp Developments is held by institutions.

0.0

Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

About NioCorp Developments Stock (NASDAQ:NB)

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. The company was formerly known as Quantum Rare Earth Developments Corp. and changed its name to NioCorp Developments Ltd. in March 2013. NioCorp Developments Ltd. was incorporated in 1987 and is headquartered in Centennial, Colorado.

NB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NB Stock News Headlines

December 4, 2023 | finance.yahoo.com

NioCorp Completes Metallurgical Test Program and Begins Making Titanium Samples for Prospective Customers

December 1, 2023 | americanbankingnews.com

Financial Review: NioCorp Developments (NASDAQ:NB) vs. Mountain Province Diamonds (OTCMKTS:MPVDF)

December 11, 2023 | DTI Trader (Ad)

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September 29, 2023 | theglobeandmail.com

Closing Bell: Niocorp Developments Ltd up on Friday (NB)

September 29, 2023 | benzinga.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of NioCorp Developments Ltd. - NB

September 26, 2023 | finanznachrichten.de

NioCorp Developments Ltd.: NioCorp Announces Delay in Filing Annual Financial Statements

September 26, 2023 | finance.yahoo.com

NioCorp Announces Delay in Filing Annual Financial Statements

September 18, 2023 | finanznachrichten.de

NioCorp Developments Ltd.: NioCorp Completes Issuance and Sale of 75,000 Shares Under the Standby Equity Purchase Agreement

December 11, 2023 | Edge On The Street (Ad)

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September 18, 2023 | finance.yahoo.com

NioCorp Completes Issuance and Sale of 75,000 Shares Under the Standby Equity Purchase Agreement

September 12, 2023 | finance.yahoo.com

NioCorp Completes Issuance and Sale of 70,000 Shares under the Standby Equity Purchase Agreement

September 7, 2023 | juniorminingnetwork.com

NioCorp Developments Delivers Advance Notice under the Standby Equity Purchase Agreement

September 6, 2023 | finance.yahoo.com

NioCorp Provides Preliminary Financial Results for the Fiscal Year Ended June 30, 2023

September 1, 2023 | finance.yahoo.com

NioCorp Announces Closing of Private Placement for Gross Proceeds of US$1 Million

August 14, 2023 | finanznachrichten.de

NioCorp Developments Ltd.: NioCorp Succeeds in Producing Scandium Metal at Pilot-Scale as Part of its Aluminum-Scandium Master Alloy Initiative

August 14, 2023 | finance.yahoo.com

NioCorp Succeeds in Producing Scandium Metal at Pilot-Scale as Part of its Aluminum-Scandium Master Alloy Initiative

July 6, 2023 | finance.yahoo.com

Stellantis and NioCorp Sign Rare Earth Offtake Term Sheet in Support of Stellantis’ Commitment to Reaching Carbon Net Zero by 2038

June 1, 2023 | finanznachrichten.de

NioCorp Developments Ltd.: NioCorp Applauds Pro-Growth Tax Reforms by Nebraska

June 1, 2023 | finance.yahoo.com

NioCorp Applauds Pro-Growth Tax Reforms by Nebraska

May 31, 2023 | finanznachrichten.de

NioCorp Developments Ltd.: NioCorp Announces Filing of Quarterly Financial Statements

May 24, 2023 | msn.com

NioCorp gets Nasdaq notice on delay in filing quarterly report

May 17, 2023 | finanznachrichten.de

NioCorp Developments Ltd.: NioCorp Granted Extension to File Third Quarter Financial Statements

May 17, 2023 | finance.yahoo.com

NioCorp Granted Extension to File Third Quarter Financial Statements

April 28, 2023 | finanznachrichten.de

NioCorp Developments Ltd.: NioCorp Announces Closing of US$2.0 Million Registered Direct Offering

April 28, 2023 | juniorminingnetwork.com

NioCorp Developments Announces Closing of US$2.0 Million Registered Direct Offering

April 28, 2023 | finance.yahoo.com

NioCorp Announces Closing of US$2.0 Million Registered Direct Offering

April 26, 2023 | finanznachrichten.de

NioCorp Developments Ltd.: NioCorp Announces US $2.0 Million Registered Direct Offering

See More Headlines

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Company Calendar

Last Earnings: 11/13/2023
Today: 12/11/2023
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Metal mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NASDAQ:NB
CUSIP: N/A
CIK: 1512228
Web: gx-acq.com
Phone: (720) 334-7066
Fax: N/A
Employees: 7
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $12.00
High Stock Price Target: $12.00
Low Stock Price Target: $12.00
Potential Upside/Downside: +269.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-40,080,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: -30.55%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.16
Quick Ratio: 0.16

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.25) per share
Price / Book: -13.00

Miscellaneous

Outstanding Shares: 33,140,000
Free Float: 35,753,000
Market Cap: $107.71 million
Optionable: Not Optionable
Beta: -0.50

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Key Executives

Mr. Mark Allan Smith Esq. (Age 64)
P.E., Executive Chairman, President & CEO
Comp: $404k
Mr. Neal S. Shah MBA (Age 49)
CFO & Corporate Secretary
Comp: $277.5k
Mr. Scott Honan M.Sc. (Age 52)
Chief Operating Officer
Comp: $315k
Mr. Jim T. Sims (Age 62)
Chief Communications Officer
Comp: $220k
Mr. Jeff Mason
Controller

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NB Stock Analysis - Frequently Asked Questions

Should I buy or sell NioCorp Developments stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NioCorp Developments in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NB shares.
View NB analyst ratings or view top-rated stocks.
What is NioCorp Developments' stock price target for 2024?: 1 Wall Street analysts have issued 12-month target prices for NioCorp Developments' stock. Their NB share price targets range from $12.00 to $12.00. On average, they predict the company's share price to reach $12.00 in the next year. This suggests a possible upside of 269.2% from the stock's current price.
View analysts price targets for NB or view top-rated stocks among Wall Street analysts.
How have NB shares performed in 2023?: NioCorp Developments' stock was trading at $6.95 at the beginning of the year. Since then, NB shares have decreased by 53.2% and is now trading at $3.25.
View the best growth stocks for 2023 here.
Are investors shorting NioCorp Developments?: NioCorp Developments saw a increase in short interest in November. As of November 15th, there was short interest totaling 609,500 shares, an increase of 17.1% from the October 31st total of 520,700 shares. Based on an average daily trading volume, of 138,200 shares, the short-interest ratio is currently 4.4 days. Currently, 2.0% of the shares of the stock are sold short.
View NioCorp Developments' Short Interest.

How were NioCorp Developments' earnings last quarter?: NioCorp Developments Ltd. (NASDAQ:NB) issued its quarterly earnings data on Monday, November, 13th. The company reported ($0.09) earnings per share (EPS) for the quarter.
Who are NioCorp Developments' major shareholders?: NioCorp Developments' stock is owned by many different retail and institutional investors. Top institutional shareholders include Barclays PLC (0.09%), Hsbc Holdings PLC (0.06%), Creative Planning (0.05%), EP Wealth Advisors LLC (0.05%), Tower Research Capital LLC TRC (0.04%) and Concourse Financial Group Securities Inc. (0.00%).
How do I buy shares of NioCorp Developments?: Shares of NB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:NB) was last updated on 12/11/2023 by MarketBeat.com Staff

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