NioCorp Developments Ltd. (NASDAQ:NB – Free Report) – Stock analysts at HC Wainwright issued their FY2026 EPS estimates for shares of NioCorp Developments in a note issued to investors on Monday, January 13th. HC Wainwright analyst H. Ihle expects that the company will earn ($0.37) per share for the year. HC Wainwright currently has a “Buy” rating and a $3.25 target price on the stock. The consensus estimate for NioCorp Developments’ current full-year earnings is ($0.40) per share.
Separately, Maxim Group started coverage on NioCorp Developments in a research note on Wednesday, January 8th. They issued a “buy” rating and a $4.00 price target for the company.
NioCorp Developments Stock Performance
NASDAQ:NB opened at $1.63 on Tuesday. NioCorp Developments has a 52-week low of $1.27 and a 52-week high of $4.00. The company has a market cap of $69.29 million, a P/E ratio of -1.92 and a beta of -0.46. The stock’s 50-day simple moving average is $1.46 and its 200 day simple moving average is $1.69.
Institutional Investors Weigh In On NioCorp Developments
An institutional investor recently bought a new position in NioCorp Developments stock. Virtu Financial LLC purchased a new stake in NioCorp Developments Ltd. (NASDAQ:NB – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,317 shares of the company’s stock, valued at approximately $29,000. 4.03% of the stock is currently owned by institutional investors and hedge funds.
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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