FY2026 Earnings Estimate for NB Issued By HC Wainwright

NioCorp Developments Ltd. (NASDAQ:NB) – Equities researchers at HC Wainwright issued their FY2026 earnings per share estimates for NioCorp Developments in a research report issued on Monday, January 13th. HC Wainwright analyst H. Ihle forecasts that the company will earn ($0.37) per share for the year. HC Wainwright has a “Buy” rating and a $3.25 price target on the stock. The consensus estimate for NioCorp Developments’ current full-year earnings is ($0.40) per share.

Separately, Maxim Group started coverage on shares of NioCorp Developments in a research note on Wednesday, January 8th. They issued a “buy” rating and a $4.00 price objective on the stock.

NioCorp Developments Stock Performance

Shares of NASDAQ:NB opened at $1.56 on Tuesday. The stock’s 50-day simple moving average is $1.46 and its two-hundred day simple moving average is $1.70. The stock has a market capitalization of $66.32 million, a price-to-earnings ratio of -1.84 and a beta of -0.46. NioCorp Developments has a 52-week low of $1.27 and a 52-week high of $4.00.

Institutional Trading of NioCorp Developments

An institutional investor recently bought a new position in NioCorp Developments stock. Virtu Financial LLC acquired a new stake in shares of NioCorp Developments Ltd. (NASDAQ:NB) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 13,317 shares of the company’s stock, valued at approximately $29,000. Institutional investors and hedge funds own 4.03% of the company’s stock.

About NioCorp Developments

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.