Analytical Lens: Exploring NioCorp Developments Ltd (NB)’s Financial Story Through Ratios

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The closing price of NioCorp Developments Ltd (NASDAQ: NB) was $2.39 for the day, down -0.83% from the previous closing price of $2.41. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 0.87 million shares were traded. NB stock price reached its highest trading level at $2.41 during the session, while it also had its lowest trading level at $2.31.

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 1.22 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

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 133144992 and an Enterprise Value of 129896352.

Stock Price History:

The Beta on a monthly basis for NB is -0.19, which has changed by 0.38150287 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, NB has reached a high of $4.15, while it has fallen to a 52-week low of $1.27. The 50-Day Moving Average of the stock is -4.91%, while the 200-Day Moving Average is calculated to be 18.21%.

Shares Statistics:

NB traded an average of 1.31M shares per day over the past three months and 1425670 shares per day over the past ten days. A total of 55.71M shares are outstanding, with a floating share count of 52.03M. Insiders hold about 6.60% of the company’s shares, while institutions hold 8.49% stake in the company. Shares short for NB as of 1749772800 were 1648957 with a Short Ratio of 1.26, compared to 1747267200 on 1488688. Therefore, it implies a Short% of Shares Outstanding of 1648957 and a Short% of Float of 3.1600002000000003.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The firm’s stock currently is rated by 1 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$0.3 and -$0.3 for the fiscal current year, implying an average EPS of -$0.3. EPS for the following year is -$0.33, with 2.0 analysts recommending between -$0.29 and -$0.37.

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