The 36-month beta value for NB is at -0.01. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NB is 35.61M, and currently, shorts hold a 1.03% of that float. The average trading volume for NB on February 05, 2025 was 217.35K shares.
NB) stock’s latest price update
NioCorp Developments Ltd (NASDAQ: NB)’s stock price has gone rise by 9.40 in comparison to its previous close of 2.34, however, the company has experienced a 29.95% increase in its stock price over the last five trading days. accessnewswire.com reported 2025-02-04 that U.S. Urged to Accelerate Production of its Own Critical Minerals and Reduce its Dependence on China, Russia, and other Adversarial Nations CENTENNIAL, CO / ACCESS Newswire / February 4, 2025 / The People’s Republic of China is ratcheting up efforts to deny the U.S. and its allies access to critical minerals that are essential to national defense and many commercial technologies, according to Mark Smith, Executive Chairman and CEO of NioCorp Developments Ltd. (“NioCorp” or the “Company”) (NASDAQ:NB).
NB’s Market Performance
NB’s stock has risen by 29.95% in the past week, with a monthly rise of 68.42% and a quarterly rise of 40.66%. The volatility ratio for the week is 14.39% while the volatility levels for the last 30 days are 10.34% for NioCorp Developments Ltd The simple moving average for the past 20 days is 41.12% for NB’s stock, with a 39.06% simple moving average for the past 200 days.
NB Trading at 60.63% from the 50-Day Moving Average
After a stumble in the market that brought NB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.98% of loss for the given period.
Volatility was left at 10.34%, however, over the last 30 days, the volatility rate increased by 14.39%, as shares surge +65.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +81.56% upper at present.
During the last 5 trading sessions, NB rose by +29.95%, which changed the moving average for the period of 200-days by +4.49% in comparison to the 20-day moving average, which settled at $1.81. In addition, NioCorp Developments Ltd saw 65.16% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NB
The total capital return value is set at -1.13. Equity return is now at value -899.90, with -50.82 for asset returns.
Based on NioCorp Developments Ltd (NB), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at -1.76. The debt to equity ratio resting at 2.3. The interest coverage ratio of the stock is -4.68.
Currently, EBITDA for the company is -7.54 million with net debt to EBITDA at -0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.09.
Conclusion
In conclusion, NioCorp Developments Ltd (NB) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
