NioCorp Developments Ltd.NB

$5.31+0.12 (+2.31%)
NASDAQBasic Materials24:00 UTC

Company snapshot

Market Cap
$723M
Small-cap
+293%
2023 — today
10-Year Price
-19%
2023 — today
52-Week Range
$2.19$11.67
Current $5.31· 33%

NioCorp Developments Ltd. is a North American enterprise primarily engaged in the exploration and development of mineral resources. Its key undertaking is the Elk Creek project, situated in Johnson County, southeast Nebraska, which is focused on niobium, scandium, and titanium deposits. Regarding the Elk Creek project, NioCorp holds title to a 226.43-acre property with its corresponding mineral rights, possesses rights to an additional 40 acres of minerals, and also controls an optioned land package spanning 1,396 acres. Founded in 1987, the company initially operated as Quantum Rare Earth Developments Corp. before rebranding as NioCorp Developments Ltd. in March 2013. The firm's corporate headquarters are located in Centennial, Colorado.

Valuation in context

P/E ratio
-7.4
N/A
Not meaningful — company is unprofitable
P/B ratio
1.7
Below average
Below the 10-year average
FCF Yield
-2.3%
Near historic high
Near historic highs — last 10 years
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