NioCorp Developments Ltd (NASDAQ:NB) shares, rose in value on Friday, June 20, with the stock price down by -1.89% to the previous day’s close as strong demand from buyers drove the stock to $2.60.
Actively observing the price movement in the last trading, the stock closed the session at $2.65, falling within a range of $2.6 and $2.72. The value of beta (5-year monthly) was -0.131. Referring to stock’s 52-week performance, its high was $4.15, and the low was $1.27. On the whole, NB has fluctuated by 10.17% over the past month.
With the market capitalization of NioCorp Developments Ltd currently standing at about $144.84 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-08.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NB’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the price of NB currently trading nearly 0.60% and 2.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.59, while the 7-day volatility ratio is showing 5.63% which for the 30-day chart, stands at 4.53%. Furthermore, NioCorp Developments Ltd (NB)’s beta value is -0.13, and its average true range (ATR) is 0.19.
A comparison of NioCorp Developments Ltd (NB) with its peers suggests the former has fared considerably weaker in the market. NB showed an intraday change of -1.89% in last session, and over the past year, it grew by 33.33%%.
Data on historical trading for NioCorp Developments Ltd (NASDAQ:NB) indicates that the trading volumes over the past 10 days have averaged 0.81 and over the past 3 months, they’ve averaged 1.10 million. According to company’s latest data on outstanding shares, there are 55.71 million shares outstanding.
Nearly 6.60% of NioCorp Developments Ltd’s shares belong to company insiders and institutional investors own 8.24% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.52 million shares as on 2025-05-30, resulting in a short ratio of 2.82. According to the data, the short interest in NioCorp Developments Ltd (NB) stood at 292.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 1.46 million. The stock has risen by 67.74% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NB stock heading into the next quarter.
