NioCorp Developments (TSE:NB) Upgraded at Maxim Group

Maxim Group upgraded shares of NioCorp Developments (TSE:NB) to a strong-buy rating in a research report report published on Wednesday morning,Zacks.com reports.

NioCorp Developments Price Performance

The company has a market cap of C$124.34 million, a price-to-earnings ratio of -1.94 and a beta of 0.13. The business has a fifty day moving average of C$3.38. 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 has a fifty-two week low of C$2.70 and a fifty-two week high of C$8.41.

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.