Shares of NioCorp Developments Ltd. (TSE:NB – Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$3.48 and traded as high as C$3.60. NioCorp Developments shares last traded at C$3.43, with a volume of 38,930 shares changing hands.
NioCorp Developments Price Performance
The company has a 50 day simple moving average of C$3.48 and a 200 day simple moving average of C$3.79. The company has a market capitalization of C$124.34 million, a price-to-earnings ratio of -1.94 and a beta of 0.13. The company has a quick ratio of 0.49, a current ratio of 0.05 and a debt-to-equity ratio of 17.34.
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.
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