NioCorp Developments (TSE:NB) Share Price Crosses Above 50 Day Moving Average of $3.65

NioCorp Developments Ltd. (TSE:NB) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$3.65 and traded as high as C$3.70. NioCorp Developments shares last traded at C$3.38, with a volume of 56,506 shares trading hands.

NioCorp Developments Trading Down 3.8 %

The stock has a market capitalization of C$114.97 million, a PE ratio of -1.98 and a beta of 0.11. The firm has a 50-day moving average price of C$3.64 and a 200-day moving average price of C$4.31. The company has a current ratio of 0.09, a quick ratio of 0.49 and a debt-to-equity ratio of 17.34.

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