NioCorp Developments Ltd. (TSE:NB – Get Free Report) shares shot up 12.1% during mid-day trading on Monday . The stock traded as high as C$3.60 and last traded at C$3.43. 38,929 shares changed hands during trading, an increase of 194% from the average session volume of 13,261 shares. The stock had previously closed at C$3.06.
NioCorp Developments Trading Up 12.1 %
The business has a 50-day simple moving average of C$3.47. The firm has a market cap of C$124.34 million, a P/E ratio of -1.94 and a beta of 0.13. The company has a current ratio of 0.05, a quick ratio of 0.49 and a debt-to-equity ratio of 17.34.
NioCorp Developments (TSE:NB – Get Free Report) last announced its earnings results on Monday, September 23rd. The company reported C($0.03) earnings per share (EPS) for the quarter. As a group, research analysts expect that NioCorp Developments Ltd. will post -0.03 EPS for the current fiscal year.
NioCorp Developments Company Profile
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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