NioCorp Developments Ltd (NASDAQ:NB) Reduces -6.58% In A Week: What’s Taking The Stock Higher?

In last trading session, NioCorp Developments Ltd (NASDAQ:NB) saw 0.45 million shares changing hands with its beta currently measuring -0.12. Company’s recent per share price level of $2.27 trading at -$0.07 or -2.99% at ring of the bell on the day assigns it a market valuation of $126.46M. That closing price of NB’s stock is at a discount of -82.82% from its 52-week high price of $4.15 and is indicating a premium of 44.05% 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 0.5 million shares which gives us an average trading volume of 986.15K 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.

NioCorp Developments Ltd (NASDAQ:NB) trade information

Upright in the red during last session for losing -2.99%, in the last five days NB remained trading in the red while hitting it’s week-highest on Tuesday, 05/13/25 when the stock touched $2.27 price level, adding 8.47% to its value on the day. NioCorp Developments Ltd’s shares saw a change of 46.45% in year-to-date performance and have moved -6.58% in past 5-day. NioCorp Developments Ltd (NASDAQ:NB) showed a performance of -40.11% in past 30-days. Number of shares sold short was 1.97 million shares which calculate 3.23 days to cover the short interests.

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 -9.35%.

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

Insiders are in possession of 5.59% of company’s total shares while institution are holding 6.14 percent of that, with stock having share float percentage of 6.50%. Investors also watch the number of corporate investors in a company very closely, which is 6.14% institutions for NioCorp Developments Ltd that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at NB for having 0.94 million shares of worth $1.62 million. And as of 2024-06-30, it was holding 2.7274 of the company’s outstanding shares.

The second largest institutional holder is KINGDON CAPITAL MANAGEMENT, L.L.C., which was holding about 0.31 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.9163 of outstanding shares, having a total worth of $0.54 million.

On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Micro-Cap ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 936.05 shares of worth $2.12 million or 1.98% of the total outstanding shares. The later fund manager was in possession of 58.02 shares on Mar 31, 2025 , making its stake of worth around $0.13 million in the company or a holder of 0.12% of company’s stock.

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