NioCorp Developments (TSE:NB) Share Price Passes Below 50 Day Moving Average of $3.52

NioCorp Developments Ltd. (TSE:NB)’s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$3.52 and traded as low as C$2.84. NioCorp Developments shares last traded at C$3.43, with a volume of 38,929 shares traded.

NioCorp Developments Stock Up 12.1 %

The stock has a market capitalization of C$124.34 million, a P/E ratio of -1.94 and a beta of 0.13. The firm’s fifty day moving average is C$3.52 and its 200-day moving average is C$4.03. 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) last announced its quarterly earnings results on Thursday, May 2nd. The company reported C($0.15) earnings per share (EPS) for the quarter. As a group, equities research analysts predict that NioCorp Developments Ltd. will post -0.03 earnings per share for the current 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.