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The closing price of NioCorp Developments Ltd (NASDAQ: NB) was $6.5 for the day, up 2.69% from the previous closing price of $6.33. In other words, the price has increased by $2.69 from its previous closing price. On the day, 2.82 million shares were traded. NB stock price reached its highest trading level at $6.605 during the session, while it also had its lowest trading level at $6.0.
Ratios:
Our analysis of NB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 41.13 and its Current Ratio is at 41.13. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NB now has a Market Capitalization of 775844736 and an Enterprise Value of 613129728.
Stock Price History:
The Beta on a monthly basis for NB is -0.04, which has changed by 3.452055 over the last 52 weeks, in comparison to a change of 0.14045572 over the same period for the S&P500. Over the past 52 weeks, NB has reached a high of $12.58, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is -9.85%, while the 200-Day Moving Average is calculated to be 55.26%.
Shares Statistics:
NB traded an average of 8.62M shares per day over the past three months and 3790520 shares per day over the past ten days. A total of 119.36M shares are outstanding, with a floating share count of 116.15M. Insiders hold about 4.12% of the company’s shares, while institutions hold 27.93% stake in the company. Shares short for NB as of 1764288000 were 7147597 with a Short Ratio of 0.83, compared to 1761868800 on 8825261. Therefore, it implies a Short% of Shares Outstanding of 7147597 and a Short% of Float of 6.29.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 1.0 analysts currently analyzing and rating the stock of NioCorp Developments Ltd (NB).The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.61 and -$0.71 for the fiscal current year, implying an average EPS of -$0.66. EPS for the following year is -$0.35, with 1.0 analysts recommending between -$0.35 and -$0.35.
