NioCorp Developments (NB)

• Market cap: $68.9M
• 1 day: 3.18%
• 5 days: -1.82%
• 1 month: 12.50%
• 3 months: -5.26%
• 6 months: -20.98%
• Year to date: 6.58%
• 1 year: -46.71%
• 5 years: -78.60%
• 10 years: -78.60%
• Sector: Materials
• Industry: Metal Mining

About: NioCorp Developments Ltd is engaged in exploration and development of mineral deposits in North America, specifically, the Elk Creek Niobium/Scandium/Titanium property.

Employees: 7

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

11% more capital invested

Capital invested by funds: $4.09M [Q2] → $4.55M (+$462K) [Q3]

0.84% less ownership

Funds ownership: 6.27% [Q2] → 5.43% (-0.84%) [Q3]

20% less funds holding

Funds holding: 59 [Q2] → 47 (-12) [Q3]

63% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 16

67% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 15

90% less call options, than puts

Call options by funds: $4K | Put options by funds: $40K

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $3.25 101% upside
• Avg. target: $3.63 124% upside
• High target: $4 147% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Heiko Ihle 51% 1-year accuracy 91 / 179 met price target	101% upside $3.25	Buy Maintained	13 Jan 2025
Maxim Group Tate Sullivan 62% 1-year accuracy 8 / 13 met price target	147% upside $4	Buy Initiated	8 Jan 2025