NioCorp Developments Ltd (NASDAQ: NB): A Look At Its Value

During the recent session, NioCorp Developments Ltd (NASDAQ:NB)’s traded shares were 0.51 million, with the beta value of the company hitting 0.01. At the last check today, the stock’s price was $2.40, reflecting an intraday gain of 5.73% or $0.13. The 52-week high for the NB share is $4.00, that puts it down -66.67 from that peak though still a striking 47.08% gain since the share price plummeted to a 52-week low of $1.27. The company’s market capitalization is $112.37M, and the average trade volume was 255.52K shares over the past three months.

NioCorp Developments Ltd (NB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. NB has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.04.

NioCorp Developments Ltd (NASDAQ:NB) trade information

NioCorp Developments Ltd (NB) registered a 5.73% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 5.73% in intraday trading to $2.40, hitting a weekly high. The stock’s 5-day price performance is 20.60%, and it has moved by -6.25% in 30 days. Based on these gigs, the overall price performance for the year is -6.25%.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 1.47%. While earnings are projected to return 38.46% in 2025, the next five years will return -4.89% per annum.

NB Dividends

NioCorp Developments Ltd is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

NioCorp Developments Ltd (NASDAQ:NB)’s Major holders

Also, the Mutual Funds coming in first place with the largest holdings of NioCorp Developments Ltd (NB) shares are Vanguard Total Stock Market Index Fund and iShares Micro Cap ETF. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 936.05 shares. This amounts to just over 2.00 percent of the company’s overall shares, with a $2.23 million market value. The same data shows that the other fund manager holds slightly less at 59.23, or about 0.13% of the stock, which is worth about $0.14 million.