NioCorp Developments Updates Q2 2025 Earnings Guidance
NioCorp Developments (NASDAQ:NB) has provided an update on its earnings expectations for the second quarter of 2025. The company announced a guidance range for earnings per share (EPS) between -0.010 and 0.010 for the upcoming period.
As part of this update, no specific revenue guidance was mentioned.
NioCorp Developments Stock Performance
On the trading day following the guidance announcement, shares of NioCorp Developments rose by $0.02, reaching a price of $1.57. The trading volume for the day stood at 70,102 shares, which is below the average volume of 105,133 shares. Currently, the company has a market capitalization of $66.74 million, and its price-to-earnings (PE) ratio is noted at -1.85 with a beta of -0.46. The 50-day moving average price for the company’s stock is $1.46, while the 200-day moving average stands at $1.70. Over the past year, NioCorp Developments has experienced a low of $1.27 and a high of $4.00.
Analyst Coverage Updates
In addition to the earnings guidance, Maxim Group recently initiated coverage on NioCorp Developments. In their report, they have assigned a "buy" rating and set a price target of $4.00 for the stock.
About NioCorp Developments
NioCorp Developments Ltd. focuses on exploring and developing mineral deposits across North America. The company is currently developing the Elk Creek niobium/scandium/titanium project, which includes a 226.43-acre parcel of land along with other associated mineral rights covering an additional 1,396 acres in Johnson County, southeastern Nebraska.
Further Information
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NioCorp, Earnings, Guidance