DashboardPortfoliosWatchlistCommunityDiscoverScreener
NOT FOR DISTRIBUTION
Loading...
  • Stocks
  • /
  • Materials
Updated 5h ago
NB logo

NioCorp Developments Ltd.NasdaqGM:NB Stock Report

Market Cap US$554.7m
Updated 5h ago
Share Price
n/a
1Y-27.9%
7D-7.9%
1D-0.1%
Portfolio Value
​
View

NioCorp Developments Ltd.

NasdaqGM:NB Stock Report

Market Cap: US$554.7m

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

NioCorp Developments (NB) Stock Overview

Engages in the exploration and development of mineral deposits in North America. More details

NB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 87.8% below our estimate of its fair value

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue ($0)

Volatile share price over the past 3 months compared to the US market

Currently unprofitable and not forecast to become profitable over the next 3 years


NB Community Fair Values

Create Narrative

See what 39 others think this stock is worth. Follow their fair value or set your own to get alerts.

NEW439,039 members

Join community and earn perks

Gain real feedbackFrom our editorial team, personally. Not silence.
Grow your followingReal investors. The kind who actually invest, not scroll past.
Unlock free accessFree premium subscription for consistent and quality authors.
Learn moreCreate Narrative
B
BlackGoat
R
RockeTeller
I
Investingwilly
D
davidlsander
439,039 investors already sharing narratives
US$
Current Price
US$3.81n/aintrinsic discount
Est. Revenue
$
PastFuture-51m112016201920222025202620282031Revenue US$10.8Earnings US$1.6
Advanced
View all narratives

NioCorp Developments Ltd. Competitors

Rare Element Resources

Symbol: OTCPK:REEM.F
Market cap: US$587.3m

REalloys

Symbol: NasdaqCM:ALOY
Market cap: US$580.2m

Idaho Strategic Resources

Symbol: NYSEAM:IDR
Market cap: US$484.1m

United States Antimony

Symbol: NYSE:UAMY
Market cap: US$737.9m

Price History & Performance

Summary of share price highs, lows and changes for NioCorp Developments
Historical stock prices
Current Share PriceUS$3.81
52 Week HighUS$12.58
52 Week LowUS$3.80
Beta0.22
1 Month Change-27.11%
3 Month Change-29.54%
1 Year Change-27.94%
3 Year Change-3.18%
5 Year Change-54.04%
Change since IPO127.16%

Recent News & Updates

Seeking Alpha • Aug 09

NioCorp: Cautious About The Financing Optionality And Not The 2022 Project-NPV

Summary NioCorp Developments is rated a speculative Buy with a conditional $6.50 price target, hinging on successful project financing for Elk Creek. NB's valuation is deeply discounted versus project NPV, reflecting significant construction and financing risks, with current liquidity only extending its operational lifeline. Project economics are based on 2019 costs, and the $1.141 billion capex requires substantial external financing; EXIM and Traxys agreements are not binding or sufficient. Equity dilution is a critical risk, as financing structure will materially impact per-share value; rerating depends on binding financing and updated project economics. Read the full article on Seeking Alpha
Analysis Article • Aug 04

Companies Like NioCorp Developments (NASDAQ:NB) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...

Recent updates

Seeking Alpha • Aug 09

NioCorp: Cautious About The Financing Optionality And Not The 2022 Project-NPV

Summary NioCorp Developments is rated a speculative Buy with a conditional $6.50 price target, hinging on successful project financing for Elk Creek. NB's valuation is deeply discounted versus project NPV, reflecting significant construction and financing risks, with current liquidity only extending its operational lifeline. Project economics are based on 2019 costs, and the $1.141 billion capex requires substantial external financing; EXIM and Traxys agreements are not binding or sufficient. Equity dilution is a critical risk, as financing structure will materially impact per-share value; rerating depends on binding financing and updated project economics. Read the full article on Seeking Alpha
Analysis Article • Aug 04

Companies Like NioCorp Developments (NASDAQ:NB) Are In A Position To Invest In Growth

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Seeking Alpha • Feb 27

NioCorp Developments: I Still Can't Make Their Sums Add Up

Summary NioCorp's revenue hinges on scandium, but their projections of selling at 3-4x current prices and 5x current demand are unrealistic. The current global scandium market is around 15-20 tonnes annually, making NioCorp's forecast of 117 tonnes by 2026 highly improbable. Historical data shows NioCorp's stock price has significantly dropped after previous critiques, indicating ongoing skepticism about their scandium market assumptions. I recommend avoiding investment on NB based on speculative assumptions. Read the full article on Seeking Alpha

Shareholder Returns

NBUS Metals and MiningUS Market
7D-7.9%-2.6%-1.0%
1Y-27.9%54.4%14.1%

Return vs Industry: NB underperformed the US Metals and Mining industry which returned 54.2% over the past year.

Return vs Market: NB underperformed the US Market which returned 13.1% over the past year.

Price Volatility

Is NB's price volatile compared to industry and market?
NB volatility
NB Average Weekly Movement10.6%
Metals and Mining Industry Average Movement9.7%
Market Average Movement6.9%
10% most volatile stocks in US Market15.3%
10% least volatile stocks in US Market2.9%

Stable Share Price: NB's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: NB's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19877Mark Smithwww.niocorp.com

NioCorp Developments Ltd. engages in the exploration and development of mineral deposits in North America. Its principal mineral property is the Elk Creek niobium, scandium, and titanium project that consists of 227 acres parcel of land and associated mineral rights, and an additional 80 acres of surface rights and 40 acres of mineral rights, as well as an optioned land package that covers an area of 1,272 acres located in Johnson County, southeast Nebraska. The company is also involved in the research and development of aluminum-scandium alloys and other business.

NioCorp Developments Ltd. Fundamentals Summary

How do NioCorp Developments's earnings and revenue compare to its market cap?
NB fundamental statistics
Market capUS$554.69m
Earnings (TTM)-US$50.80m
Revenue (TTM)n/a
0.0x
P/S Ratio
-10.9x
P/E Ratio

Is NB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NB income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$50.80m
Earnings-US$50.80m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.35
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NB perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 03:35
End of Day Share Price 2026/09/11 00:00
Earnings2026/03/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NioCorp Developments Ltd. is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicholas GilesB. Riley Securities, Inc.
Vitaly KononovFreedom Broker
Heiko IhleH.C. Wainwright & Co.

Make Better Investing Decisions Anywhere

Scan to download
Open AppStoreOpen Google Play
Chrome Web Store
Level 5, 320 Pitt Street, Sydney
Financial Data provided by S&P Global Market Intelligence LLC, analysis provided by Simply Wall Street Pty Ltd. Copyright © 2026, S&P Global Market Intelligence LLC. All rights reserved.
View Data Sources
Markets
  • US: NYSE & NASDAQ
  • UK: FTSE
  • Australia: ASX
  • India: NIFTY
  • Canada: TSX
  • South Africa: JSE
  • Japan: NIKKEI
  • South Korea: KOSPI
  • Germany: DAX
Investing Ideas
  • Undervalued Companies
  • Dividend Powerhouses
  • Insider Buying
  • Nuclear Energy
  • Autonomous Vehicles
  • Artificial Intelligence
  • Crypto and Blockchain
  • Cybersecurity
  • More ideas
Stock Communities
  • AstraZeneca
  • HSBC Holdings
  • Shell
  • Unilever
  • Diageo
  • Rio Tinto Group
  • RELX
  • BP
  • Barclays
Features & Tools
  • Portfolio Tracker
  • Stock Screener & Alerts
  • Narratives & Fair Values
  • Dividend Calculator
News & Discovery
  • Latest Stock News
  • Global Market Insights
  • The Foxhole
  • Investing Ideas
  • Community Narratives
  • What's New
Simply Wall St
  • Plans & Pricing
  • Advertising
  • About Us
  • Contact Us
  • Careers
  • Help Center
  • Learn Stock Investing
  • Affiliate Program
  • Business & Enterprise
  • Charlie AI
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.
© 2026 Simply Wall Street Pty Ltd, US Design Patent #29/544/281, Community and European Design Registration #2845206
  • Terms and Conditions
  • Privacy Policy
  • AI Terms
  • Financial Services Guide