NioCorp (NB) Reports Preliminary Q1 2025 Financial Results

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Apr 16, 2025
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  • NioCorp Developments Ltd. (NB, Financial) reveals preliminary Q1 2025 financial results with potential adjustments before finalization.
  • Wall Street analysts provide an average target price of $3.63, offering a 6.30% upside potential from current levels.
  • The company's consensus brokerage recommendation stands at 2.0, suggesting an "Outperform" status.

NioCorp Developments Ltd. (NB) has unveiled its preliminary financial figures for the quarter ending March 31, 2025. While these initial results are subject to potential revisions, they provide an early glimpse into the company's financial health and performance. The finalized figures will be filed by May 15, 2025. Investors should note that these early figures are unaudited and might undergo adjustments.

Wall Street Analysts Forecast

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Wall Street analysts have issued one-year price targets for NioCorp Developments Ltd (NB, Financial), with an average target price set at $3.63. This forecast includes a high estimate of $4.00 and a low estimate of $3.25, suggesting an upside potential of 6.30% from the current trading price of $3.41. For a deeper dive into these estimates, visit the NioCorp Developments Ltd (NB) Forecast page.

According to the consensus recommendation from two brokerage firms, NioCorp Developments Ltd (NB, Financial) has an average brokerage recommendation of 2.0. This rating indicates an "Outperform" status, where the scale ranges from 1 (Strong Buy) to 5 (Sell). This suggests that analysts are optimistic about the company's potential to surpass the market average performance.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.