NioCorp Developments (NASDAQ:NB) Updates Q1 2025 Earnings Guidance

Posted by Amber O'Connor on Nov 14th, 2024

NioCorp Developments (NASDAQ:NB – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of -0.050–0.050 for the period. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Separately, HC Wainwright reissued a “buy” rating and set a $8.50 price objective on shares of NioCorp Developments in a report on Thursday, August 29th.

Read Our Latest Stock Report on NB

NioCorp Developments Price Performance

NioCorp Developments stock opened at $1.50 on Thursday. NioCorp Developments has a 1-year low of $1.27 and a 1-year high of $4.20. The business has a fifty day moving average price of $1.76 and a 200-day moving average price of $1.92. The stock has a market capitalization of $57.99 million, a price-to-earnings ratio of -1.67 and a beta of -0.28.

NioCorp Developments (NASDAQ:NB – Get Free Report) last issued its quarterly earnings results on Monday, September 23rd. The company reported ($0.53) earnings per share (EPS) for the quarter. On average, equities research analysts anticipate that NioCorp Developments will post -0.4 earnings per share for the current fiscal year.

NioCorp Developments Company Profile

(Get Free Report)

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.