In last trading session, NioCorp Developments Ltd (NASDAQ:NB) saw 0.37 million shares changing hands with its beta currently measuring 0.18. Company’s recent per share price level of $2.39 trading at $0.14 or 6.22% at ring of the bell on the day assigns it a market valuation of $101.60M. That closing price of NB’s stock is at a discount of -67.36% from its 52-week high price of $4.00 and is indicating a premium of 46.86% from its 52-week low price of $1.27. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.32 million shares which gives us an average trading volume of 220.10K if we extend that period to 3-months.
For NioCorp Developments Ltd (NB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.03 in the current quarter.
NioCorp Developments Ltd (NASDAQ:NB) trade information
Upright in the green during last session for gaining 6.22%, in the last five days NB remained trading in the green while hitting it’s week-highest on Friday, 01/31/25 when the stock touched $2.39 price level, adding 0.42% to its value on the day. NioCorp Developments Ltd’s shares saw a change of 54.19% in year-to-date performance and have moved 49.38% in past 5-day. NioCorp Developments Ltd (NASDAQ:NB) showed a performance of 62.03% in past 30-days. Number of shares sold short was 0.76 million shares which calculate 6.06 days to cover the short interests.
NioCorp Developments Ltd (NB) estimates and forecasts
Statistics highlight that NioCorp Developments Ltd is scoring comparatively lower than the scores of other players of the relevant industry. The company added 38.95% of value to its shares in past 6 months, showing an annual growth rate of -41.67% while that of industry is 8.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2025.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 1.47% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 38.46% while estimates for its earnings growth in next 5 years are of -4.89%.
NioCorp Developments Ltd (NASDAQ:NB)’s Major holders
Insiders are in possession of 6.27% of company’s total shares while institution are holding 5.46 percent of that, with stock having share float percentage of 5.83%. Investors also watch the number of corporate investors in a company very closely, which is 5.46% institutions for NioCorp Developments Ltd that are currently holding shares of the company.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Micro Cap ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 936.05 shares of worth $2.24 million or 2.20% of the total outstanding shares. The later fund manager was in possession of 58.43 shares on Nov 30, 2024 , making its stake of worth around $0.14 million in the company or a holder of 0.14% of company’s stock.
