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NioCorp Developments ( (NB) ) has issued an update.
NioCorp Developments Ltd. has praised the Trump Administration’s aggressive policies to support U.S. critical minerals production, which aim to counteract Chinese market manipulation. The company’s CEO, Mark A. Smith, highlighted the importance of these policies in securing financing for domestic projects and strengthening U.S. supply chains. NioCorp’s fully permitted Elk Creek Project in Nebraska is poised to contribute significantly to the U.S. supply of critical minerals, including niobium, scandium, and titanium, once financing is secured.
The most recent analyst rating on (NB) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on NioCorp Developments stock, see the NB Stock Forecast page.
More about NioCorp Developments
NioCorp Developments Ltd. is a U.S.-based critical minerals development company focused on the Elk Creek Project in Southeast Nebraska. The project aims to produce niobium, scandium, and titanium, with potential for rare earth elements. These minerals are essential for various applications, including specialty alloys, aerospace, and advanced technologies.
Average Trading Volume: 5,132,178
Technical Sentiment Signal: Buy
Current Market Cap: $826M
For a thorough assessment of NB stock, go to TipRanks’ Stock Analysis page.