NioCorp Developments (TSE:NB) Shares Cross Above 50 Day Moving Average of $3.53

Shares of NioCorp Developments Ltd. (TSE:NB) crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$3.53 and traded as high as C$3.60. NioCorp Developments shares last traded at C$3.43, with a volume of 38,930 shares trading hands.

NioCorp Developments Price Performance

The company has a market cap of C$124.34 million, a PE ratio of -1.95 and a beta of 0.13. The firm has a 50 day simple moving average of C$3.53 and a 200-day simple moving average of C$4.15. The company has a quick ratio of 0.49, a current ratio of 0.09 and a debt-to-equity ratio of 17.34.

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