Quarterly Snapshot: Quick and Current Ratios for NioCorp Developments Ltd (NB)

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The closing price of NioCorp Developments Ltd (NASDAQ: NB) was $2.13 for the day, up 8.12% from the previous closing price of $1.97. In other words, the price has increased by $8.12 from its previous closing price. On the day, 0.55 million shares were traded. NB stock price reached its highest trading level at $2.1999 during the session, while it also had its lowest trading level at $1.89.

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 0.09 and its Current Ratio is at 0.09. In the meantime, Its Debt-to-Equity ratio is 2.30 whereas as Long-Term Debt/Eq ratio is at 0.04.

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 90550992 and an Enterprise Value of 61892944.

Stock Price History:

The Beta on a monthly basis for NB is 0.15, which has changed by -0.34768212 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, NB has reached a high of $4.00, while it has fallen to a 52-week low of $1.27. The 50-Day Moving Average of the stock is 40.42%, while the 200-Day Moving Average is calculated to be 15.18%.

Shares Statistics:

NB traded an average of 208.77K shares per day over the past three months and 255760 shares per day over the past ten days. A total of 38.72M shares are outstanding, with a floating share count of 35.61M. Insiders hold about 8.02% of the company’s shares, while institutions hold 5.55% stake in the company. Shares short for NB as of 1730332800 were 756357 with a Short Ratio of 1.76, compared to 1727654400 on 511135. Therefore, it implies a Short% of Shares Outstanding of 756357 and a Short% of Float of 2.11.

Earnings Estimates

The market rating of NioCorp Developments Ltd (NB) is currently shaped by the ongoing analysis conducted by 1 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.

Analysts are recommending an EPS of between -$0.14 and -$0.34 for the fiscal current year, implying an average EPS of -$0.24. EPS for the following year is -$0.28, with 2.0 analysts recommending between -$0.2 and -$0.37.

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