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.

NioCorp Developments Stock Performance

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

NioCorp Developments (TSE:NB) last released its quarterly earnings data on Tuesday, February 13th. The company reported C($0.12) EPS for the quarter. Research analysts expect that NioCorp Developments Ltd. will post -0.03 EPS 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.