NioCorp Developments Ltd (NASDAQ:NB) has a beta value of -0.20 and has seen 1.04 million shares traded in the recent trading session. The company, currently valued at $199.67M, closed the recent trade at $3.58 per share which meant it gained $0.5 on the day or 16.37% during that session. The NB stock price is -15.92% off its 52-week high price of $4.15 and 64.53% above the 52-week low of $1.27. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.05 million shares traded. The 3-month trading volume is 1.46 million shares.
The consensus among analysts is that NioCorp Developments Ltd (NB) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
NioCorp Developments Ltd (NASDAQ:NB) trade information
Sporting 16.37% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the NB stock price touched $3.58 or saw a fall of -0.56%. Year-to-date, NioCorp Developments Ltd shares have moved 99.13%, while the 5-day performance has seen it change 49.97%. Over the past 30 days, the shares of NioCorp Developments Ltd (NASDAQ:NB) have changed 36.81%. Short interest in the company has seen 1.65 million shares shorted with days to cover at 2.81.
NioCorp Developments Ltd (NB) estimates and forecasts
The company’s shares have gained 131.25% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 1.47% over the past 5 years. Earnings growth for 2025 is a modest 30.77% while over the next 5 years, the company’s earnings are expected to decrease by -8.63%.
NB Dividends
NioCorp Developments Ltd is expected to release its next earnings report on 2025-May-08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
NioCorp Developments Ltd (NASDAQ:NB)’s Major holders
Insiders own 5.44% of the company shares, while shares held by institutions stand at 8.23% with a share float percentage of 8.70%. Investors are also buoyed by the number of investors in a company, with NioCorp Developments Ltd having a total of 70.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 0.94 million shares worth more than $1.62 million. As of 2024-06-30, VANGUARD GROUP INC held 2.7274% of shares outstanding.
The other major institutional holder is KINGDON CAPITAL MANAGEMENT, L.L.C., with the holding of over 0.31 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.54 million and represent 0.9163% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Micro-Cap ETF . As of Mar 31, 2025 , the former fund manager holds about 1.86% shares in the company for having 1.04 shares of worth $3.66 million while later fund manager owns 52.38 shares of worth $0.19 million as of May 31, 2025 , which makes it owner of about 0.09% of company’s outstanding stock.
