NB

NioCorp Developments Ltd

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Advanced Chart

4.240

+0.21(5.211%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

4.640

Open

4.310

VWAP

4.32

Vol

9.23M

Mkt Cap

308.03M

Low

4.060

Amount

39.83M

EV/EBITDA(TTM)

Total Shares

37.89M

292.72M

EV/OCF(TTM)

P/S(TTM)

NioCorp Developments Ltd. is developing the Elk Creek Project that is expected to produce niobium, scandium, and titanium. The Company is also evaluating the potential to produce several rare earths from the Elk Creek Project. The Elk Creek Project is a shovel-ready pure-play critical minerals project with the highest-grade Niobium resource in North America and an indicated rare earth resource in the United States. The Elk Creek Project is located approximately 105 kilometers (kms) southeast of Lincoln, Nebraska (the state capital); 129 kms south of Omaha, Nebraska, and three miles west of Elk Creek, Nebraska and six miles south of Tecumseh, Nebraska.

2 Analyst Rating

6.13% Upside

Wall Street analysts forecast NB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NB is 4.50 USD with a low forecast of 4.00 USD and a high forecast of 5.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

0 Hold

0 Sell

Moderate Buy

6.13% Upside

Current: 4.240

Low

4.00

Averages

4.50

High

5.00

6.13% Upside

Current: 4.240

Low

4.00

Averages

4.50

High

5.00

Maxim

Buy

maintain

$4 -> $5

2025-07-11

Reason

Maxim

Price Target

$4 -> $5

2025-07-11

maintain

Buy

Reason

Maxim raised the firm's price target on NioCorp (NB) to $5 from $4 and keeps a Buy rating on the shares. This firm notes that the announcement from MP Materials (MP) regarding a public-private partnership with the U.S. Department of Defense is a catalyst to develop the U.S. critical mineral mining industry, which suggests more government funding for NioCorp's critical mineral project in Nebraska, the analyst tells investors in a research note.

H.C. Wainwright

Heiko Ihle

Buy

downgrade

2025-07-03

Reason

H.C. Wainwright

Heiko Ihle

Price Target

2025-07-03

downgrade

Buy

Reason

H.C. Wainwright analyst Heiko Ihle lowered the firm's price target on NioCorp to $4 from $4.25 and keeps a Buy rating on the shares. The firm's decreased target is primarily based on recent dilution after the company announced mid-May that it had received a nonbinding Expression of Interest from UK Export Finance for a potential debt funding of up to $200M.

HC Wainwright & Co.

Heiko Ihle

Strong Buy

Maintains

$8.5 → $3.25

2025-01-13

Reason

HC Wainwright & Co.

Heiko Ihle

Price Target

$8.5 → $3.25

2025-01-13

Maintains

Strong Buy

Reason

Maxim Group

Tate Sullivan

Strong Buy

Initiates

2025-01-08

Reason

Maxim Group

Tate Sullivan

Price Target

2025-01-08

Initiates

Strong Buy

Reason

Maxim initiated coverage of NioCorp with a Buy rating and $4 price target.

HC Wainwright & Co.

Heiko Ihle

Strong Buy

Reiterates

$8.5

2024-08-29

Reason

HC Wainwright & Co.

Heiko Ihle

Price Target

$8.5

2024-08-29

Reiterates

Strong Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for NioCorp Developments Ltd (NB.O) is -11.46, compared to its 5-year average forward P/E of -12.90. For a more detailed relative valuation and DCF analysis to assess NioCorp Developments Ltd 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-12.90

Current PE

-11.46

Overvalued PE

2.44

Undervalued PE

-28.24

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

-4.24

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

1.84

Undervalued EV/EBITDA

-10.32

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

0.02

Current PS

0.00

Overvalued PS

0.13

Undervalued PS

-0.09