NIOCORP DEVELOPMENTS LTD (NB)
Materials · Rare earth and strategic mineral exploration and development · NASDAQ
A mineral exploration company advancing rare earth element and strategic mineral projects through exploration expenditures and property development, currently pre-production and dependent on continued capital market access.
What NIOCORP DEVELOPMENTS LTD does
NioCorp Developments Ltd is a mineral exploration and development company focused on rare earth elements and other strategic minerals. The company is advancing mineral properties and conducting exploration expenditures to develop mining projects. Based on the SEC filings, NioCorp is in the pre-production stage, incurring significant exploration and development costs while building mineral properties and related assets.
Themes: rare earth elements, mineral exploration, mining development, critical minerals
Fundamentals
- Price$4.64 as of 2026-08-21 close
- Market cap$676M as of 2026-08-21
- 1-year return+11.0% 2025-08-21 close $4.18 → 2026-08-21 close $4.64
- P/En/a negative earnings
- Net margin-1340.4% as of 2026-08-24
- Gross margin+74.7% as of 2026-08-24
- ROE-22.6% as of 2026-08-24
- Debt / equity0.00 as of 2026-08-24
- Beta0.14 as of 2026-08-24
- Last reported earnings2026-01-12 most recent in our data — SEC EDGAR Form 8-K (Item 2.02); no newer announcement filed
How NB compares in its sector
- net profit marginbottom 10% 142 covered Materials peers, as of 2026-08-24
- operating marginbottom 10% 142 covered Materials peers, as of 2026-08-24
- gross margintop 10% 141 covered Materials peers, as of 2026-08-24
- return on equitybottom 25% 151 covered Materials peers, as of 2026-08-24
Position among covered Materials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How NIOCORP DEVELOPMENTS LTD looks technically
NIOCORP DEVELOPMENTS LTD (NB) is trading 15.9% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 94 trading days ago — a "death cross", a bearish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 20 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 48, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative). It made a new 20-day high about 10 trading days ago. It is 63.1% below its highest point of the past year.
Trend
7
| Distance from the 200-day | it is trading 15.9% below its 200-day average, the long-term trend line — a long-term downtrend | -15.9% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $4.73 | $4.73 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $5.51 | $5.51 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing high 11 calendar days ago — the swings before that are what the structure reading is measured on | 11 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 94 trading days ago — a "death cross", a bearish long-term signal | 94 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 20 (a reading of 25+ marks a strong trend) | 20.4 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 48, neither overbought (above 70) nor oversold (below 30) | 47.7 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($4.18 to $5.63) — its "stochastic" reading is 32 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 31.6 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $12.58 | $12.58 |
|---|---|---|
| From the 52-week high | it is 63.1% below its 52-week high (its highest price of the past year) | -63.1% |
| Above the 52-week low | it is 32.6% above its 52-week low (its lowest price of the past year) | +32.6% |
| Below the 52-week high | it is 63.1% below its highest point of the past year | 63.1% |
| Since a 20-day breakout | it made a new 20-day high about 10 trading days ago | 10 sessions |
| Since a 55-day breakout | it made a new 55-day low about 18 trading days ago | 18 sessions |
| All-time high | its highest closing price on record is $12.58 (set on 2025-10-13) | $12.58 |
| Given back of the 52-week move | over the past year its closes ranged ($3.72 to $11.67), and it has given back almost all of its rise from last year’s low — 88% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $6.50 to $6.76. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 88.4% |
| From the all-time high | it is 63.1% below its all-time high | -63.1% |
| Nearest price level | it is trading 7.8% below a resistance level at $5.00 — a price it turned at three times since 2025-11-21, most recently on 2026-07-15. Since 2024-08-21 it has 9 such levels below the current price and 4 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +7.8% |
| All-time low | its lowest closing price on record is $0.822 (set on 2023-03-21) | $0.822 |
| Above the all-time low | it is 464.5% above its all-time low | +464.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually wide versus its own recent history (wider than about 81% of the past ~6 months) | 81st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.3277 between its high and its low — about 7.1% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.3277 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $3.78 and $5.69 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $3.78 – $4.74 – $5.69 |
| Typical daily range (% of price) | its price moves about 7.1% in a typical session — more volatile than most companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 7.1% |
| Stretch from the 200-day average | it is trading 2.7 daily ranges below its 200-day average price (15.9% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 2.7 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.13× |
|---|
Analyst
2
| Change in the average price target | analysts have raised their average price target by 1.5% since the prior reading | +1.5% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | 9 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 9 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-08-21 3.3% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | +3.3% |
|---|---|---|
| Open gap | it gapped 3.3% above the previous close today and has not traded back through the level it left behind at 4.29 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +3.3% |
| Gap filled | a 2.1% gap up opened on 2026-08-10 has been "filled" 9 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 9 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 1.8 percentage points (the stock gained 4.2% while the market gained 2.3%) | +1.8% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 15.9 percentage points (the stock lost 12.8% while the market gained 3.1%) | -15.9% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 24.2 percentage points (the stock lost 13.1% while the market gained 11.1%) | -24.2% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 9.5 percentage points (the stock gained 11.0% while the market gained 20.5%) | -9.5% |
Signal agreement
2
| Bullish technical signals | 0 of the 9 technical signals we can compute for it are currently in a bullish state — these describe past price behaviour, not a forecast | 0 of 9 |
|---|---|---|
| Bearish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, MACD momentum is negative, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 3.6% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-16 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 12.5% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -3.6% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 17% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $5.59 — a volume-weighted average of daily closes over 157 sessions, not a true tick-by-tick VWAP. | -17.0% |
|---|---|---|
| Vs the average paid since it last reported | the price is 7% below the average price paid since it last reported on 2026-05-14 (its 10-Q), so the typical buyer over that stretch is under water. That average is $4.99 — a volume-weighted average of daily closes over 66 sessions, not a true tick-by-tick VWAP. | -7.0% |
Price levels it has turned at before
NB last closed at $4.64 on 2026-08-21. Since 2024-08-21 it has turned at 9 prices below its last close and 4 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $5.00 | Resistance | 7.8% above the last close | turned there three times · 2025-11-21 to 2026-07-15 |
| $4.25 | Support | 8.3% below the last close | turned there twice · 2026-03-19 to 2026-06-29 |
| $4.15 | Support | 10.5% below the last close | turned there three times · 2025-04-16 to 2026-03-30 |
| $5.14 | Resistance | 10.8% above the last close | turned there three times · 2025-08-11 to 2025-12-31 |
| $5.67 | Resistance | 22.1% above the last close | turned there twice · 2026-01-30 to 2026-08-10 |
| $2.91 | Support | 37.3% below the last close | turned there twice · 2025-02-04 to 2025-06-05 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · MACD just crossed bearish (12/26/9) · Analyst price target recently RAISED · lagging the market · Gapped up at the open (3%+) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingStrong Buy (1.20 mean, 1=Strong Buy…5=Strong Sell) — 5 analysts
- Mean price target$11.90 range $9.50 – $15.00; median $12.00
Analyst estimates, as of 2026-08-22. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for NB
- Consensus EPS estimate-$0.025 next reporting period, as of 2026-08-22
Change over time is not available yet: it needs two readings of the same reporting period at least 30 days apart, and we have been recording these estimates since 2026-08-04. An estimate for a DIFFERENT quarter is not a revision, so a reading from before the last report is never compared with one after it.
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["Early-stage development risk: company is pre-production with significant accumulated deficits and negative operating cash flows, dependent on continued financing to advance projects","Exploration and commodity price risk: success of mineral properties depends on technical feasibility and future commodity prices for rare earth elements and strategic minerals","Financing risk: company has raised substantial capital through equity issuances and relies on continued access to capital markets to fund development and exploration activities"]
What changed in the latest 10-Q
AI-assisted comparison of NB's 10-Q filed 2026-05-14 against the prior one filed 2026-02-06.
Management's Discussion & Analysis (MD&A)
- Added:
- Added reference to 'the intended use of our cash balance as of March 31, 2026' (newer filing dated 2026-05-14)
- Added phrase 'the expectation that the results of the 2025 Drilling Program will be used to update the feasibility study' with revised phrasing structure (newer filing)
- Removed:
- Removed reference to 'NioCorp's ability to access the full amount of the expected net proceeds of the Standby Equity Purchase Agreement, dated January 26, 2023 (the "Yorkville Equity Facility Financing Agreement")' (older filing dated 2026-02-06)
- Removed reference to 'the proceeds from the October 2025 Offering' (older filing)
- Removed reference to 'the intended use of our cash balance as of December 31, 2025' (older filing)
- Removed reference to 'NioCorp's ability to access the full amount of the expected net proceeds under the Yorkville Equity Facility Financing Agreement' from risk factors section (older filing)
- Reworded:
- Changed 'the completion of technical and economic analyses on the potential addition of rare earth oxides' to 'the completion of technical and economic analyses on the potential addition of magnetic rare earth oxides' (older to newer: removed 'magnetic' descriptor)
- Changed '2025 Drilling Program (as defined below)' to 'previously announced drilling program at the Elk Creek Project (the "2025 Drilling Program")' (wording restructure, newer filing)
- Minor spacing change: 'share data ,unless' changed to 'share data, unless' (punctuation/spacing correction)
- Notes:
- The two filings cover different reporting periods (Q1 2026 ending March 31, 2026 vs Q4 2025 ending December 31, 2025), which naturally explains some temporal references changing
- Text appears truncated at end of both versions, limiting full comparison of complete section
Risk Factors
- Added:
- Newer filing (2026-05-14) includes Restricted cash line item of $2,065 thousand as of March 31, 2026
- Newer filing (2026-05-14) includes Deferred financing costs of $691 thousand in non-current assets
- Newer filing (2026-05-14) includes Warrant liabilities at fair value in current liabilities of $4,252 thousand
- Newer filing (2026-05-14) includes nine months ended March 31 comparison periods (vs. six months ended December 31 in older filing)
- Newer filing (2026-05-14) reports Interest income of $5,767 thousand for nine months ended March 31, 2026
- Newer filing (2026-05-14) includes cash flow line item 'Deferred financing costs' of $691 thousand in financing activities
- Newer filing (2026-05-14) reports 145,327,493 common shares outstanding as of March 31, 2026
- Removed:
- Older filing (2026-02-06) had Deposits line item of $92 thousand in non-current assets; removed in newer filing
- Older filing (2026-02-06) had Investment in equity securities of $2 thousand; removed in newer filing
- Older filing (2026-02-06) had 'Land and buildings, net' line item of $5,939 thousand; newer filing shows 'Property and equipment, net' of $7,719 thousand
- Older filing (2026-02-06) reported six months ended December 31 comparison periods; newer filing reports nine months ended March 31
- Older filing (2026-02-06) included 'Prepaid expenses and other' line item; newer filing shows 'Other current assets'
- Older filing (2026-02-06) showed Interest income of $2,944 thousand for six months; newer filing shows $5,767 thousand for nine months
- Reworded:
- Balance sheet date changed from 'December 31, 2025' to 'March 31, 2026' (newer filing 2026-05-14)
- Financial statement comparison periods changed from 'three and six months ended December 31' to 'three and nine months ended March 31' (newer filing 2026-05-14)
- Non-current assets category reorganized: older filing separated 'Deposits' and 'Investment in equity securities'; newer filing consolidated as 'Other assets'
- Line item 'Prepaid expenses and other' (older filing 2026-02-06) presented as 'Other current assets' (newer filing 2026-05-14)
- Line item 'Land and buildings, net' (older filing 2026-02-06) presented as 'Property and equipment, net' (newer filing 2026-05-14)
- Notes:
- The newer filing's financial statements cover nine months ended March 31, 2026, while older filing covered six months ended December 31, 2025, making period-to-period comparisons non-comparable
- Balance sheet dates differ (March 31, 2026 vs. December 31, 2025), limiting direct comparison of asset and liability positions
- The shareholders' equity statement in the newer filing appears truncated at 'Share-based compensation' line; full comparison of equity statement changes cannot be assessed
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
No open-market insider purchases or sales are on record for NB — recent Form 4 activity was compensation-related (awards, option exercises, or tax withholding), not open-market buying or selling.
View full insider trading history → View SEC Form 3/4/5 filingsOnly open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding NB as of 2026-03-31 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 16,844,893
- Reported value $75,128,224
reported quarterly holdings change (2025-12-31 → 2026-03-31): 0 new, 4 increased, 1 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Short interest (FINRA)
NB had 10,747,253 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
NB had 7.38% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 4.21 days to cover at the same settlement.
- Reported short interest (shares) 10,747,253
- Short interest (% of shares outstanding) 7.38%
- Prior settlement (shares) 10,687,044
- Reported change 0.56%
- Days to cover (reported) 4.21
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- MP Materials (MP)
- Energy Fuels (UUUU)
- Albemarle (ALB)
- Rio Tinto
- Vale S.A. (VALE)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare NB vs…
NIOCORP DEVELOPMENTS LTD is found in…
Frequently asked questions
What does NIOCORP DEVELOPMENTS LTD (NB) do?
NioCorp Developments Ltd is a mineral exploration and development company focused on rare earth elements and other strategic minerals. The company is advancing mineral properties and conducting exploration expenditures to develop mining projects. Based on the SEC filings, NioCorp is in the pre-production stage, incurring significant exploration and development costs while building mineral properties and related assets.
What sector is NIOCORP DEVELOPMENTS LTD (NB) in?
NIOCORP DEVELOPMENTS LTD (NB) is classified in the Materials sector. Its industry is Rare earth and strategic mineral exploration and development. It trades on NASDAQ.
Who are NIOCORP DEVELOPMENTS LTD's (NB) competitors?
Notable peers of NIOCORP DEVELOPMENTS LTD (NB) include MP Materials, Energy Fuels, Albemarle, Rio Tinto and Vale S.A.. This peer set is informational only — not financial advice.
Is NIOCORP DEVELOPMENTS LTD (NB) overbought or oversold right now?
NIOCORP DEVELOPMENTS LTD (NB) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 48, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on NB come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.