In the last trading session, 1.16 million NioCorp Developments Ltd (NASDAQ:NB) shares changed hands as the company’s beta touched -0.16. With the company’s per share price at $2.66 changed hands at -$0.14 or -5.00% during last session, the market valuation stood at $143.29M. NB’s last price was a discount, traded about -56.02% off its 52-week high of $4.15. The share price had its 52-week low at $1.27, which suggests the last value was 52.26% up since then. When we look at NioCorp Developments Ltd’s average trading volume, we note the 10-day average is 3.98 million shares, with the 3-month average coming to 922.20K.
Analysts gave the NioCorp Developments Ltd (NB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NB as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. NioCorp Developments Ltd’s EPS for the current quarter is expected to be -0.11.
NioCorp Developments Ltd (NASDAQ:NB) trade information
Instantly NB was in red as seen at the end of in last trading. With action -6.34%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 71.61%, with the 5-day performance at -6.34% in the red. However, in the 30-day time frame, NioCorp Developments Ltd (NASDAQ:NB) is 32.34% up. Looking at the short shares, we see there were 1.97 million shares sold at short interest cover period of 3.23 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 1.47%. The 2025 estimates are for NioCorp Developments Ltd earnings to increase by 38.46%, but the outlook for the next 5-year period is at -9.35% per year.
NB Dividends
NioCorp Developments Ltd is expected to release its next quarterly earnings report on 2025-Feb-06.
NioCorp Developments Ltd (NASDAQ:NB)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 5.59% of NioCorp Developments Ltd shares while 5.94% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 6.29%. There are 5.94% institutions holding the NioCorp Developments Ltd stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 2.7274% of the shares, roughly 0.94 million NB shares worth $1.62 million.
KINGDON CAPITAL MANAGEMENT, L.L.C. holds the second largest percentage of outstanding shares, with 0.9163% or 0.31 million shares worth $0.54 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Micro-Cap ETF . With 936.05 shares estimated at $2.49 million under it, the former controlled 1.98% of total outstanding shares. On the other hand, iShares Trust-iShares Micro-Cap ETF held about 0.12% of the shares, roughly 58.02 shares worth around $0.15 million.
