HC Wainwright Issues Optimistic Estimate for TSE:NB Earnings

NioCorp Developments Ltd. (TSE:NB) – Analysts at HC Wainwright boosted their FY2025 EPS estimates for NioCorp Developments in a note issued to investors on Monday, January 13th. HC Wainwright analyst H. Ihle now anticipates that the company will earn ($0.49) per share for the year, up from their prior estimate of ($0.55). The consensus estimate for NioCorp Developments’ current full-year earnings is ($0.03) per share.

Separately, Maxim Group upgraded NioCorp Developments to a “strong-buy” rating in a research report on Wednesday, January 8th.

NioCorp Developments Stock Performance

The business has a 50-day moving average of C$3.38. The company has a market cap of C$124.34 million, a PE 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 has a twelve month low of C$2.70 and a twelve month 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.