NioCorp Developments (TSE:NB) Reaches New 12-Month Low at $2.95

NioCorp Developments Ltd. (TSE:NB)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as C$2.95 and last traded at C$2.93, with a volume of 33989 shares changing hands. The stock had previously closed at C$3.16.

NioCorp Developments Trading Down 6.0 %

The business’s fifty day simple moving average is C$3.55 and its two-hundred day simple moving average is C$4.24. The company has a current ratio of 0.09, a quick ratio of 0.49 and a debt-to-equity ratio of 17.34. The stock has a market capitalization of C$104.43 million, a P/E ratio of -1.69 and a beta of 0.11.

NioCorp Developments (TSE:NB) last posted its quarterly earnings results on Tuesday, February 13th. The company reported C($0.12) EPS for the quarter. As a group, analysts forecast that NioCorp Developments Ltd. will post -0.03 earnings per share for the current year.

About NioCorp Developments

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.