In the last trading session, 3.85 million shares of the NioCorp Developments Ltd (NASDAQ:NB) were traded, and its beta was -0.13. Most recently the company’s share price was $2.89, and it changed around $0.45 or 18.44% from the last close, which brings the market valuation of the company to $126.21M. NB currently trades at a discount to its 52-week high of $3.24, offering almost -12.11% off that amount. The share price’s 52-week low was $1.27, which indicates that the current value has risen by an impressive 56.06% since then. We note from NioCorp Developments Ltd’s average daily trading volume that its 10-day average is 1.0 million shares, with the 3-month average coming to 379.37K.
NioCorp Developments Ltd stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended NB as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. NioCorp Developments Ltd is expected to report earnings per share of -0.04 for the current quarter.
NioCorp Developments Ltd (NASDAQ:NB) trade information
Instantly NB has showed a green trend with a performance of 18.44% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.94 on recent trading dayincreased the stock’s daily price by 1.7%. The company’s shares are currently up 86.45% year-to-date, but still up 45.23% over the last five days. On the other hand, NioCorp Developments Ltd (NASDAQ:NB) is 45.96% up in the 30-day period. We can see from the shorts that 1.02 million shares have been sold at a short interest cover period of 3.12 day(s).
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 1.47%. NioCorp Developments Ltd earnings are expected to increase by 38.46% in 2025, but the outlook is negative -4.89% per year for the next five years.
NB Dividends
NioCorp Developments Ltd’s next quarterly earnings report is expected to be released on 2025-Feb-06.
NioCorp Developments Ltd (NASDAQ:NB)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.48% of NioCorp Developments Ltd shares, and 6.80% of them are in the hands of institutional investors. The stock currently has a share float of 7.27%. NioCorp Developments Ltd stock is held by 68.0 institutions, with KINGDON CAPITAL MANAGEMENT, L.L.C. being the largest institutional investor. By 2024-06-30, it held 0.9163% of the shares, which is about 0.31 million shares worth $0.54 million.
PFG ADVISORS, with 0.109% or 37418.0 shares worth $64733.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Micro-Cap ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 936.05 shares worth $2.71 million, making up 2.00% of all outstanding shares. On the other hand, iShares Trust-iShares Micro-Cap ETF held roughly 58.02 shares worth around $0.17 million, which represents about 0.12% of the total shares outstanding.
