NASDAQ:NB

NioCorp Developments (NB) Stock Forecast, Price & News

$3.48

-0.09 (-2.52%)

(As of 09/28/2023 ET)

Compare

Today's Range: $3.48
▼
$3.75
50-Day Range: $3.48
▼
$4.77
52-Week Range: $3.48
▼
$7.83

Volume: 201,443 shs
Average Volume: 135,026 shs
Market Capitalization: $155.52 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.00

NioCorp Developments MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 273.6% Upside
$13.00 Price Target
Short Interest: Healthy
1.69% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.02
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($1.26) to ($1.32) Per Share

Overall MarketRank^™

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

1.78 out of 5 stars

Basic Materials Sector

135th out of 168 stocks

Metal Mining Industry

16th out of 19 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 $13.00, NioCorp Developments has a forecasted upside of 273.6% from its current price of $3.48.
Amount of Analyst Coverage
NioCorp Developments has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.69% 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 decreased by 0.25%, indicating that investor sentiment is improving.

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.

1.7

News and Social Media Coverage

News Sentiment
NioCorp Developments has a news sentiment score of 0.02. 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 0.34 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for NioCorp Developments this week, compared to 1 article on an average week.
Search Interest
Only 4 people have searched for NB on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added NioCorp Developments to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% 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

Earnings Growth
Earnings for NioCorp Developments are expected to decrease in the coming year, from ($1.26) to ($1.32) per share.

See Top Rated MarketRank™ Stocks Here

About NioCorp Developments (NASDAQ:NB) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

NB Stock News Headlines

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 29, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

September 18, 2023 | finanznachrichten.de

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

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 29, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

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

April 26, 2023 | msn.com

NioCorp Developments stock dips on $2.0M stock offering

April 26, 2023 | finance.yahoo.com

NioCorp Announces US $2.0 Million Registered Direct Offering

April 19, 2023 | theglobeandmail.com

Closing Bell: Niocorp Developments Ltd down on Tuesday (NB)

April 15, 2023 | theglobeandmail.com

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

See More Headlines

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NB Company Calendar

Today: 9/29/2023
Fiscal Year End: 6/30/2024

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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: 8
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $13.00
High Stock Price Forecast: $13.00
Low Stock Price Forecast: $13.00
Forecasted Upside/Downside: +273.6%
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: $1.79 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: -21.62%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.55
Quick Ratio: 1.55

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: $0.05 per share
Price / Cash Flow: 74.58
Book Value: ($0.35) per share
Price / Book: -9.94

Miscellaneous

Outstanding Shares: 44,690,000
Free Float: 35,753,000
Market Cap: $155.52 million
Optionable: Not Optionable
Beta: -0.19

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Key Executives

Mr. Mark Allan Smith Esq. (Age 64)
P.E., Exec. Chairman, Pres & CEO
Comp: $297k

Mr. Neal S. Shah MBA (Age 49)
CFO & Corp. Sec.
Comp: $220k

Mr. Scott Honan M.Sc. (Age 52)
Chief Operating Officer
Comp: $260k

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 - Frequently Asked Questions

Should I buy or sell NioCorp Developments stock right now?: 1 Wall Street equities 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 equities research analysts is that investors should "buy" NB shares.
View NB analyst ratings or view top-rated stocks.
What is NioCorp Developments' stock price forecast for 2023?: 1 Wall Street analysts have issued 1-year target prices for NioCorp Developments' stock. Their NB share price forecasts range from $13.00 to $13.00. On average, they predict the company's stock price to reach $13.00 in the next year. This suggests a possible upside of 273.6% 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 on January 1st, 2023. Since then, NB stock has decreased by 49.9% and is now trading at $3.48.
View the best growth stocks for 2023 here.
What guidance has NioCorp Developments issued on next quarter's earnings?: NioCorp Developments issued an update on its FY 2023 earnings guidance on Wednesday, September, 6th. The company provided earnings per share guidance of -$1.32--$1.32 for the period, compared to the consensus earnings per share estimate of -$1.26. The company issued revenue guidance of -.

What is NioCorp Developments' stock symbol?: NioCorp Developments trades on the NASDAQ under the ticker symbol "NB."
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.
What is NioCorp Developments' stock price today?: One share of NB stock can currently be purchased for approximately $3.48.
How much money does NioCorp Developments make?: NioCorp Developments (NASDAQ:NB) has a market capitalization of $155.52 million.
How can I contact NioCorp Developments?: NioCorp Developments' mailing address is 1325 Avenue of the Americas 25th Floor, New York NY, 10019. The official website for the company is gx-acq.com. The company can be reached via phone at (720) 334-7066 or via email at 0.

This page (NASDAQ:NB) was last updated on 9/29/2023 by MarketBeat.com Staff

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