NioCorp Developments (TSE:NB) Stock Price Up 12.1%

NioCorp Developments Ltd. (TSE:NB)’s stock price rose 12.1% during mid-day trading on Monday . The company traded as high as C$3.60 and last traded at C$3.43. Approximately 38,929 shares changed hands during mid-day trading, an increase of 194% from the average daily volume of 13,261 shares. The stock had previously closed at C$3.06.

NioCorp Developments Trading Up 12.1 %

The company has a debt-to-equity ratio of 17.34, a current ratio of 0.05 and a quick ratio of 0.49. The stock has a market capitalization of C$124.34 million, a price-to-earnings ratio of -1.94 and a beta of 0.13. The business has a 50 day simple moving average of C$3.51 and a 200-day simple moving average of C$4.02.

NioCorp Developments (TSE:NB) last posted its quarterly earnings data on Thursday, May 2nd. The company reported C($0.15) earnings per share for the quarter. As a group, equities analysts expect that NioCorp Developments Ltd. will post -0.03 earnings per share for the current year.

NioCorp Developments Company Profile

NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. It owns and develops the Elk Creek niobium/scandium/titanium project that owns one 226.43-acre parcel of land and associated mineral rights, and an additional 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,396 acres located in Johnson County, southeast Nebraska.