NioCorp Developments Ltd. (NASDAQ:NB – Free Report) – Investment analysts at HC Wainwright issued their FY2026 EPS estimates for shares of NioCorp Developments in a research note issued on Monday, January 13th. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of ($0.37) for the year. HC Wainwright has a “Buy” rating and a $3.25 price objective on the stock. The consensus estimate for NioCorp Developments’ current full-year earnings is ($0.40) per share.
Separately, Maxim Group started coverage on shares of NioCorp Developments in a report on Wednesday, January 8th. They issued a “buy” rating and a $4.00 price objective on the stock.
NioCorp Developments Stock Down 2.6 %
Shares of NASDAQ NB opened at $1.52 on Tuesday. The stock has a market capitalization of $64.62 million, a P/E ratio of -1.79 and a beta of -0.46. The firm’s 50-day moving average price is $1.46 and its two-hundred day moving average price is $1.70. NioCorp Developments has a 52-week low of $1.27 and a 52-week high of $4.00.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in NioCorp Developments stock. Virtu Financial LLC bought a new stake in NioCorp Developments Ltd. (NASDAQ:NB – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 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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