In terms of market performance, NioCorp Developments Ltd had a somewhat inconsistent run in. The highest value for the stock in the past year was $4.00 on 04/10/24, while the lowest value was $1.27 on 11/04/24.
52-week price history of NB Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. NioCorp Developments Ltd’s current trading price is -35.98% away from its 52-week high, while its distance from the 52-week low is 101.57%. The stock’s price range for this period has remained between $1.27 and $4.00. The Basic Materials sector company’s shares managed to surpass a trading volume of around 1.46 million for the day, which was noticeably higher compared to the shares’ average daily volume of 0.22 million over the last three months.
Financial Performance and Market Capitalization
NioCorp Developments Ltd (NB) has experienced a quarterly rise of 40.66% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 119.27M and boasts a workforce of 8 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.66, with a change in price of +0.76. Similarly, NioCorp Developments Ltd recorded 195,216 in trading volume during the last 100 days, posting a change of +42.62%.
NB Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NB stands at 2.30. Similarly, the long-term debt-to-equity ratio is also 0.04.
NB Stock Stochastic Average
As of today, the raw stochastic average of NioCorp Developments Ltd over the past 50 days is 77.78%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 75.17%. Additionally, the Stochastic %K and %D values for the company were 88.25% and 92.76%, respectively, over the past 20 days.
NB Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 65.16% this year. Over the last six months, there has been a weaker performance of 43.02%. The price of NB fallen by 68.42% during the last 30 days period. For the last 5-days stocks have improved 29.95%.
