Niocorp Developments Ltd Stock Analysis
| NB Stock | 2.47 0.11 4.66% |
NioCorp Developments Ltd is undervalued with Real Value of 4.71 and Target Price of 12.0. The main objective of NioCorp Developments stock analysis is to determine its intrinsic value, which is an estimate of what NioCorp Developments Ltd is worth, separate from its market price. There are two main types of NioCorp Developments' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect NioCorp Developments' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of NioCorp Developments' stock to identify patterns and trends that may indicate its future price movements.
The NioCorp Developments stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. NioCorp Developments is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. NioCorp Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and NioCorp Developments' ongoing operational relationships across important fundamental and technical indicators.
NioCorp |
NioCorp Stock Analysis Notes
The company recorded a loss per share of 0.37. NioCorp Developments had not issued any dividends in recent years. The entity had 1:10 split on the 21st of March 2023. To find out more about NioCorp Developments Ltd contact the company at 720 334 7066 or learn more at https://www.niocorp.com.NioCorp Developments Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. NioCorp Developments' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding NioCorp Developments Ltd or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| NioCorp Developments generated a negative expected return over the last 90 days | |
| NioCorp Developments has high historical volatility and very poor performance | |
| Annual Net Loss to common stockholders was (40.08 M) with gross profit of 0. | |
| NioCorp Developments generates negative cash flow from operations | |
| NioCorp Developments has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Audax Private Equity Portfolio Company FDH Aero Completes Minority Recapitalization |
NioCorp Developments Thematic Classifications
In addition to having NioCorp Developments stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | AluminumAluminum production | |
 | PlasticsRubber and plastics accessories | |
 | SilverSilver mining and silver goods production | |
 | Real EstateUSA Equities from Real Estate industry as classified by Fama & French | |
 | Non-Metallic and Industrial Metal MiningUSA Equities from Non-Metallic and Industrial Metal Mining industry as classified by Fama & French |
NioCorp Market Capitalization
The company currently falls under 'Micro-Cap' category with a market capitalization of 86.1 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NioCorp Developments's market, we take the total number of its shares issued and multiply it by NioCorp Developments's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Management Efficiency
NioCorp Developments has Return on Asset (ROA) of (0.4577) % which means that for every 100 dollars spent on asset, it generated a loss of $0.4577. This is way below average. Likewise, it shows a return on total equity (ROE) of (7.722) %, which implies that it produced no returns to current stockholders. NioCorp Developments' management efficiency ratios could be used to measure how well NioCorp Developments manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Other Current Assets is expected to grow to about 1.7 M, whereas Total Assets are forecasted to decline to about 19.9 M.The analysis of NioCorp Developments' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze NioCorp Developments' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of NioCorp Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.215 |
Technical Drivers
As of the 13th of May 2024, NioCorp Developments secures the Mean Deviation of 4.22, risk adjusted performance of (0.01), and Standard Deviation of 5.75. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NioCorp Developments, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have analyzed thirteen technical drivers for NioCorp Developments, which can be compared to its peers in the industry. Please verify NioCorp Developments information ratio and potential upside to decide if NioCorp Developments Ltd is priced some-what accurately, providing market reflects its recent price of 2.47 per share. Please also check out NioCorp Developments jensen alpha, which is currently at (0.31) to check the company can sustain itself at a future point.NioCorp Developments Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NioCorp Developments middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for NioCorp Developments. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
NioCorp Developments Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NioCorp Developments insiders, such as employees or executives, is commonly permitted as long as it does not rely on NioCorp Developments' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NioCorp Developments insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Beling David Coates over two months ago Acquisition by Beling David Coates of 50000 shares of NioCorp Developments at 2.99 subject to Rule 16b-3 | ||
Wightman Anna Castner over three months ago Exercise or conversion by Wightman Anna Castner of 30000 shares of NioCorp Developments subject to Rule 16b-3 |
NioCorp Developments Predictive Daily Indicators
NioCorp Developments intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NioCorp Developments stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
NioCorp Developments Forecast Models
NioCorp Developments' time-series forecasting models are one of many NioCorp Developments' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NioCorp Developments' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About NioCorp Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how NioCorp Developments prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NioCorp shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as NioCorp Developments. By using and applying NioCorp Stock analysis, traders can create a robust methodology for identifying NioCorp entry and exit points for their positions.
NioCorp Developments is entity of United States. It is traded as Stock on NASDAQ exchange.
Current NioCorp Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. NioCorp analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. NioCorp analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 12.0 | Buy | 1 | Odds |
Most NioCorp analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand NioCorp stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of NioCorp Developments, talking to its executives and customers, or listening to NioCorp conference calls.
NioCorp Stock Analysis Indicators
NioCorp Developments Ltd stock analysis indicators help investors evaluate how NioCorp Developments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading NioCorp Developments shares will generate the highest return on investment. By understating and applying NioCorp Developments stock analysis, traders can identify NioCorp Developments position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 5.3 M | |
| Long Term Debt | 10.6 M | |
| Common Stock Shares Outstanding | 31.2 M | |
| Total Stockholder Equity | -11 M | |
| Total Cashflows From Investing Activities | 21 K | |
| Tax Provision | -304 K | |
| Property Plant And Equipment Net | 17.2 M | |
| Cash | 2.3 M | |
| Accounts Payable | 2 M | |
| Net Debt | 8.2 M | |
| 50 Day M A | 2.5864 | |
| Total Current Liabilities | 3.6 M | |
| Other Operating Expenses | 27.1 M | |
| Non Current Assets Total | 17.2 M | |
| Stock Based Compensation | 1.8 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NioCorp Developments Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the NioCorp Developments information on this page should be used as a complementary analysis to other NioCorp Developments' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for NioCorp Stock analysis
When running NioCorp Developments' price analysis, check to measure NioCorp Developments' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NioCorp Developments is operating at the current time. Most of NioCorp Developments' value examination focuses on studying past and present price action to predict the probability of NioCorp Developments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NioCorp Developments' price. Additionally, you may evaluate how the addition of NioCorp Developments to your portfolios can decrease your overall portfolio volatility.
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Is NioCorp Developments' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NioCorp Developments. If investors know NioCorp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NioCorp Developments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Return On Assets (0.46) | Return On Equity (7.72) |
The market value of NioCorp Developments is measured differently than its book value, which is the value of NioCorp that is recorded on the company's balance sheet. Investors also form their own opinion of NioCorp Developments' value that differs from its market value or its book value, called intrinsic value, which is NioCorp Developments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NioCorp Developments' market value can be influenced by many factors that don't directly affect NioCorp Developments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NioCorp Developments' value and its price as these two are different measures arrived at by different means. Investors typically determine if NioCorp Developments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NioCorp Developments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.